New Cott chief to get $425,000 (U.S.) salary

Article Abstract:

Cott Corp., a softdrink manufacturer in Toronto, Ontario, has decided to compensate Frank Weise with $425,000 in base salary per year as incoming president and chief executive officer. The company will award a bonus with a maximum value of 100% of Weise's salary should he meet certain requirements set between him and the company. Weise is replacing Gerald Pencer who worked as chairman and chief executive officer at Cott until his demise on February 3, 1998. Cott paid Pencer a salary of $830,769 for the fiscal year closing January 31, 1998.

Comment:

Has decided to compensate Frank Weise with $425,000 in base salary per year as incoming president and chief executive officer

Canada, Management development, Cott Beverages Ltd., Article

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Cola kings to do battle in diet arena

Article Abstract:

In order to revive market share and declining demand for soft drinks, soft drinks giants, Coca Cola Co. and PepsiCo Inc. are now concentrating on launching new diet colas as consumers have shifted their interests to low calorie drink.

Product introduction, New Products/Services, Low Calorie Soft Drinks, Coca-Cola Co. (Atlanta, Georgia), KO, Diet soft drinks

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Pepsi taps Indian woman as next CEO

Article Abstract:

PepsiCo. Inc. named India-origin Indra Nooyi as chief executive. Improving market share of carbonated drinks in North America will be the main challenge before Nooyi.

Market share, Officials and employees, Appointments, resignations and dismissals, Company market share, Carbonated beverages, Nooyi, Indra

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