$1.7 billion Cott Corporation, a worldwide producer of store-brand carbonated beverages, has appointed CEO Jerry Fowden to serve on its board of directors. Fowden is not expected to be named to any board committee.

In order to accommodate Fowden’s appointment, Philip Livingston stepped down from the board. Livingston has played a significant leadership role since his appointment to Cott’s board of directors in 2003. A financial expert and former head of Financial Executives International, the leading membership association for chief financial officers, controllers, and treasurers, Livingston served as head of Cott’s audit committee for five years. He also served on Cott’s corporate governance committee.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...