DPSG Names Chief Financial Officer
Dr Pepper Snapple Group Inc. (DPSG) announces that Martin M. Ellen will join the company as executive vice president and chief financial officer on April 1, 2010. In addition to his background in finance, Ellen will bring considerable experience in franchising, operations and the beverage industry.
At DPSG, he will be responsible for the company's finance and IT organizations and will report to Larry Young, president and chief executive officer. He will succeed John O. Stewart who last year announced his plans to retire on March 31, 2010.
Ellen will join DPSG following almost eight years as senior vice president - finance and chief financial officer of Snap-on Incorporated, a $2.4 billion global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users. He has over 25 years of broad experience serving as chief financial officer with companies in the manufacturing, distribution, franchising and services industries, including Whitman Corporation, which then owned Pepsi Cola General Bottlers Inc. While at Whitman, Ellen was instrumental in developing and executing strategy, which included realigning and expanding Pepsi bottling territories in the United States and central Europe. He began his career with the international accounting firm PricewaterhouseCoopers in Chicago.
At DPSG, he will be responsible for the company's finance and IT organizations and will report to Larry Young, president and chief executive officer. He will succeed John O. Stewart who last year announced his plans to retire on March 31, 2010.
Ellen will join DPSG following almost eight years as senior vice president - finance and chief financial officer of Snap-on Incorporated, a $2.4 billion global innovator, manufacturer and marketer of tools, diagnostics, equipment, software and service solutions for professional users. He has over 25 years of broad experience serving as chief financial officer with companies in the manufacturing, distribution, franchising and services industries, including Whitman Corporation, which then owned Pepsi Cola General Bottlers Inc. While at Whitman, Ellen was instrumental in developing and executing strategy, which included realigning and expanding Pepsi bottling territories in the United States and central Europe. He began his career with the international accounting firm PricewaterhouseCoopers in Chicago.
