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Cott Names Neary Chief Information Officer; New VP To Head Information Technology.


Business Editors

TORONTO--(BUSINESS WIRE)--Feb. 12, 2002

Cott Corporation (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:COTT; 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
) announced today that Douglas P. Neary has been named vice president and chief information officer by Cott Corporation.

"Doug's extensive background in both information technology and business management offers significant value to our operations and to our customers," said Frank E. Weise, president and chief executive officer. "His appointment underlines our commitment to IT as a vital force in both forming and implementing our strategies for growth."

Neary has served most recently as a management consultant to Cott, developing strategies for its information technology systems and its e-business links to customers and suppliers. His professional experience includes business unit management with IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. . In earlier positions with Cap Gemini Sogetti, Day & Zimmerman and Network Systems Integrators, Neary was responsible for innovative successes in both applications solutions and business development. In these assignments, he led staff and line groups throughout North America and Europe.

As the Company's CIO CIO: see American Federation of Labor and Congress of Industrial Organizations.


(Chief Information Officer) The executive officer in charge of information processing in an organization.
, Neary will have overall responsibility for directing the IT organization in the US, Canada and the UK. "His leadership in driving enterprise resources planning, business intelligence and e-business will make Doug a key asset," Weise said. "Of prime value will be his skill and enthusiasm for working closely with our operating units in delivering solutions that help our customers."

Neary, 46, will be based in Toronto, the worldwide headquarters for Cott Corporation. He will report directly to Raymond P. Silcock, executive vice president and chief financial officer. The new CIO holds both a B.S. in civil engineering and an M.S. in structural engineering from the University of Maryland University of Maryland can refer to:
  • University of Maryland, College Park, a research-extensive and flagship university; when the term "University of Maryland" is used without any qualification, it generally refers to this school
. He is a native of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and currently resides in Philadelphia.

About Cott Corporation

Cott Corporation is the world's largest retailer brand soft drink supplier, with the leading take home carbonated soft drink market shares in this segment in its core markets of the U.S., Canada and the U.K.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statements

This press release contains forward-looking statements reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of the Company. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company's filings with the appropriate securities commissions, and include, without limitation, stability of procurement costs for raw and packaging materials, adverse weather conditions, competitive activities by national, regional and retailer brand beverage manufacturers, the Company's ability to integrate acquired business into its operations, fluctuations in currency versus the U.S. dollar, the uncertainties of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
, and retailers' continued commitment to their retailer brand beverage programs. The foregoing list of factors is not exhaustive. The Company undertakes no obligation to publicly update or revise any forward-looking statements.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1CANA
Date:Feb 12, 2002
Words:469
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