Signet Jewelers appointed former Cadbury CEO H. Todd Stitzer as an independent director, effective Jan. 9.
Stitzer was the CEO of Cadbury PLC until its acquisition by Kraft in 2010. He joined that company in 1983 as assistant general counsel for North America, before moving into strategic planning, and marketing and sales roles. Stitzer became CEO of Cadbury’s wholly owned subsidiary Dr Pepper/7 Up Inc. in 1997 and then of Cadbury PLC in 2003.
The company also announced that Sir Malcolm Williamson will not stand for re-election to the board at the annual general meeting of shareholders to be held in 2012. The board has agreed to appoint Stitzer to serve as Signet’s non-executive chairman, effective following the conclusion of the 2012 AGM, subject to Stitzer’s election as a director at the 2012 AGM.
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