Cott Corp. (COT, BCB.TO) said Thursday that it has appointed Neal Cravens as its new Chief Financial Officer, effective September 8.
Juan Figuereo, the current CFO, will step down upon Cravens's appointment, but will stay on to complete a smooth and efficient transition, the world's largest retailer brand soft drink company said in a statement.
Cravens comes to Cott with extensive experience gained in senior finance positions in both public and private companies. He held a variety of roles during his 23-year tenure at Seagram Company Ltd., including Senior Vice President of Finance, Chief Accounting Officer and Vice President of Planning, Mergers and Acquisitions.
Cravens more recently served as Chief Financial Officer of several private companies, including the largest U.S. consumer products broker, whose clients included some of Cott's key retailer partners.
Cott shares closed Thursday's regular trading session at $6.03, down 2 cents.
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