Company veteran Rodger Collins was named president-sales of the Cadbury Schweppes Bottling Group, a division of the soon-to-be independent Cadbury Schweppes Americas Beverages.
Cadbury Schweppes PLC, the London-based parent, said Wednesday that it would spin off the beverage unit next year. It had sought a buyer but said private equity funds interested in acquiring the unit were unable to secure financing.