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Cott Corporation Presents First Annual Innovation Award.


MONTREAL--(BUSINESS WIRE)--June 16, 1999--

Will Drive Better Customer Service, Sales Growth and

Earnings Improvements

Cott Corporation (Nasdaq:COTTF) (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:BCB BCB Banco Central do Brasil (Brazil's central bank)
BCB Borland C++ Builder
BCB Bangladesh Cricket Board
BCB Benzocyclobutene (low loss dielectric substrate)
BCB Bumiputra-Commerce Bank
BCB Broadcast Band
.) (ME:BCB.) recognized its most innovative employees today at its 1999 annual general meeting of shareowners of Cott Corporation.

Rod Boll and John Clements

For other people named John Clements, see John Clements (disambiguation).


Sir John Selby Clements, CBE, KBE (25 April 1910 – 6 April 1988) was a English actor and producer.

He made his first stage appearance in 1930.
, members of the manufacturing staff at the Company's Kegworth facility in the U.K., were awarded the inaugural Gerald N. Pencer Award for Excellence in Innovation by Cott president and chief executive officer Frank E. Weise III. Boll and Clements were recognized for their initiative in identifying a key packaging solution that led to savings of more than $120,000.

The award "was designed to foster innovative ways of driving profitable volume growth," said Weise, "through marketing, operations, functional excellence - anything we do." More than 357 individuals and employee teams were recognized in the first year of the program, and finalists were selected in the three areas where the company has stated business goals: customer service, sales growth, and improved earnings.

The Pencer Award includes a $10,000 CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network.  prize, 50-percent in the form of Cott stock. "This reaffirms our belief that there is no higher motivator to outstanding performance than ownership," said Weise. Accompanying the cash and stock prize is a commemorative crystal trophy, which was unveiled today by Nancy Pencer, the widow of former Cott Corporation CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , entrepreneur Gerry Pencer Gerald Norman Pencer (April 26, 1945 – February 3, 1998) was a Canadian business executive.

Born in Montreal, Quebec, Canada, Gerry Pencer (as he was known) was chief executive officer of Cott Beverages, the world's largest private label soft drink manufacturer
, for whom the award is named. This trophy will reside at the winner's plant site for the coming year. Boll and Clements received a small version of the larger trophy.

Two other finalists were recognized at the annual general meeting: Lori Garbutt, of the Calgary AB plant in Canada, for the design, development and implementation of the "RMS (1) (Record Management Services) A file management system used in VAXs.

(2) (Root Mean Square) A method used to measure electrical output in volts and watts.

1. RMS - Record Management Services.
2.
" program, a computerized system for control of raw f the Wilson NC plant in the U.S., for efforts working in the community to introduce taste-sampling of one of our products to more than 400 consumers.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Jun 17, 1999
Words:322
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