Jul 21, 2008
Story Timeline: 78 days
By Alistair Gray One of the most influential characters in corporate Britain has taken the helm of Cadbury's board, the confectioner confirmed on Monday. Roger Carr becomes chairman, as expected, after the maker of chocolate bars listed its US beverage arm in New York and dropped Schweppes from its name. For a short time the world's biggest standalone confectionery company before Mars bought Wrigley, Cadbury (Munich: A0NJP5 - news) has been subject of speculation it might pursue a merger with Hershey (NYSE: HSY - news) , which owns the licence to its brand in the US, to better compete with its larger rival. The appointment of Mr Carr, which became public in February, raised some eyebrows among investors because of his role as chairman of Mitchells & Butlers. Shareholders in the pub group gave him a difficult time at its last...
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