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{{short description|American businessman (born 1952)}} | |||
'''Todd Stitzer''', is the Chief Executive Officer of Cadbury ] ({{lse|CBRY}}, {{NYSE|CBY}}) which is a British ] and ] company, considered to be currently the world's largest confectionery manufacturer.<ref>{{cite news|url=http://www.bloomberg.com/apps/news?pid=20601102&sid=a5dPcReemm4w&refer=uk|title=U.K. Stocks Fluctuate as Mining Shares Rally; Cadbury Declines|last=Jones|first=Sarah|date=9 April 2009|work=]|accessdate=2009-04-14}}</ref> <ref>{{cite web| title = Cadbury Group| publisher = Cadbury Plc| url = http://www.cadbury.com/OURCOMPANY/OURMANAGEMENT/CHIEFEXECCOMMITTEE/Pages/toddstitzer.aspx}}</ref><ref name="birm"></ref> | |||
'''H. Todd Stitzer''' (born 10 March 1952)<ref name=":0">{{Cite web|last=Blackhurst|first=Chris|date=1 November 2004|title=The MT Interview: Todd Stitzer|url=http://www.managementtoday.co.uk/mt-interview-todd-stitzer/article/455129|archive-url=|archive-date=|access-date=14 November 2009|website=Management Today}}</ref> is an American businessman who served as the ] of ] from 2003 to 2010. | |||
==Early life== | |||
Stitzer was born in the ], the son of a YMCA director and a nurse, and is a naturalised British citizen.<ref name=":1">{{Cite news|last=Finch|first=Julia|date=2009-11-12|title=Friday interview: Cadbury's Todd Stitzer does not believe in sweet surrender|language=en-GB|work=The Guardian|url=https://www.theguardian.com/business/2009/nov/12/cadbury-todd-stitzer-interview|access-date=2020-11-23|issn=0261-3077}}</ref> He was educated at ],<ref>O'Reilly, Tim. , '']'', February 7, 2006. Accessed February 1, 2022, via ]. "'In the last two years, Cadbury Schweppes has seen more changes than in the previous 20 years,' said Stitzer, who attended Ridgewood High School."</ref> ], ]. He then obtained a B.A. from ] and a J.D. from ].<ref name=":0" /><ref name=":1" /> | |||
==Career== | |||
He joined ] law firm, ], in 1973 as an associate attorney. | |||
In 1983, joined Cadbury North America as Assistant General Counsel, later becoming marketing chief for US beverages.<ref name=":0" /><ref>{{Cite news|last=Pratley|first=Nils|date=2004-12-04|title=Interview: Todd Stitzer, chief executive of Cadbury Schweppes|language=en-GB|work=The Guardian|url=https://www.theguardian.com/business/2004/dec/04/cadburyschweppesbusiness|access-date=2020-11-23|issn=0261-3077}}</ref> He moved to London in 1991 as Group Development Director and then back to the United States in 1993 as vice-president of Marketing and Strategic Planning and then Chief Operating Officer for Cadbury Beverages, North America.<ref name=":0" /> He was president and chief executive officer of ] from 1997 to 2000 and Chief Strategy Officer from 2000 to 2003.<ref>{{Cite web|last=|first=|date=4 November 1997|title=Seven Up cuts down - Nov. 4, 1997|url=https://money.cnn.com/1997/11/04/companies/cadbury/|archive-url=|archive-date=|access-date=2020-11-23|website=CNN Money}}</ref><ref>{{Cite web|last=Batt|first=Carolyn|date=6 December 2002|title=Cadbury Schweppes lines up Stitzer as first American chief|url=https://www.telegraph.co.uk/finance/2835727/Cadbury-Schweppes-lines-up-Stitzer-as-first-American-chief.html|archive-url=|archive-date=|access-date=2020-11-23|website=The Telegraph|language=en-GB}}</ref> He joined the board of Cadbury plc in 2000 and in 2003, was appointed chief executive officer.<ref name=":1" /> On 2 February 2010, ] successfully completed the acquisition of Cadbury which was originally a ], the next day Stitzer along with Cadbury Chairman Roger Carr announced their resignations.<ref name=":2">{{Cite web|date=2010-02-03|title=Cadbury bosses Todd Stitzer and Roger Carr leave after Kraft takeover|url=http://www.standard.co.uk/business/cadbury-bosses-todd-stitzer-and-roger-carr-leave-after-kraft-takeover-6745170.html|access-date=2020-11-23|website=Evening Standard|language=en}}</ref> | |||
Stitzer has two children, a son and a daughter, and homes in ] and ].<ref name=":0" /><ref>]</ref> | |||
==References== | ==References== | ||
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Latest revision as of 14:54, 27 September 2023
American businessman (born 1952)H. Todd Stitzer (born 10 March 1952) is an American businessman who served as the chief executive officer of Cadbury plc from 2003 to 2010.
Early life
Stitzer was born in the United States, the son of a YMCA director and a nurse, and is a naturalised British citizen. He was educated at Ridgewood High School, New Jersey, Springfield College, Massachusetts. He then obtained a B.A. from Harvard University and a J.D. from Columbia Law School.
Career
He joined New York law firm, Lord Day & Lord, in 1973 as an associate attorney.
In 1983, joined Cadbury North America as Assistant General Counsel, later becoming marketing chief for US beverages. He moved to London in 1991 as Group Development Director and then back to the United States in 1993 as vice-president of Marketing and Strategic Planning and then Chief Operating Officer for Cadbury Beverages, North America. He was president and chief executive officer of Dr Pepper/Seven Up from 1997 to 2000 and Chief Strategy Officer from 2000 to 2003. He joined the board of Cadbury plc in 2000 and in 2003, was appointed chief executive officer. On 2 February 2010, Kraft Foods Inc. successfully completed the acquisition of Cadbury which was originally a hostile takeover, the next day Stitzer along with Cadbury Chairman Roger Carr announced their resignations.
Stitzer has two children, a son and a daughter, and homes in Connecticut and Surrey.
References
- ^ Blackhurst, Chris (1 November 2004). "The MT Interview: Todd Stitzer". Management Today. Retrieved 14 November 2009.
- ^ Finch, Julia (2009-11-12). "Friday interview: Cadbury's Todd Stitzer does not believe in sweet surrender". The Guardian. ISSN 0261-3077. Retrieved 2020-11-23.
- O'Reilly, Tim. "In Hanover Office, Cadbury hopes to stay minty fresh", Daily Record, February 7, 2006. Accessed February 1, 2022, via Newspapers.com. "'In the last two years, Cadbury Schweppes has seen more changes than in the previous 20 years,' said Stitzer, who attended Ridgewood High School."
- Pratley, Nils (2004-12-04). "Interview: Todd Stitzer, chief executive of Cadbury Schweppes". The Guardian. ISSN 0261-3077. Retrieved 2020-11-23.
- "Seven Up cuts down - Nov. 4, 1997". CNN Money. 4 November 1997. Retrieved 2020-11-23.
- Batt, Carolyn (6 December 2002). "Cadbury Schweppes lines up Stitzer as first American chief". The Telegraph. Retrieved 2020-11-23.
- "Cadbury bosses Todd Stitzer and Roger Carr leave after Kraft takeover". Evening Standard. 2010-02-03. Retrieved 2020-11-23.
- Davidson, Nov 2003