Cott Corporation announced the appointment of Clyde Preslar as its new executive vice president and chief financial officer. He will join the company on August 29, 2005.
For the past nine years, Preslar has been chief financial officer of Lance Inc. In this role, he was responsible for all financial and corporate planning and development activities of Lance. He developed a strong finance team which upgraded Lance's planning and analysis capabilities, business controls and investor communications. He also led the evaluation, due diligence and negotiation of several acquisitions, including Cape Cod Potato Chips.