LONDON (AP) -- Three top officials at Cadbury PLC have announced their intention to step down, after the British candy maker's shareholders approved Kraft Foods Inc.'s roughly $19.5 billion offer to acquire the company.
Todd Stitzer leaves his post as chief executive officer, following a 27-year career at the company, Cadbury said. Chief Financial Officer Andrew Bonfield, who joined the company last year, and Chairman Roger Carr also said they were resigning.
The effective date of the three men's resignation has not been determined, Cadbury said Wednesday.
Kraft announced Tuesday that nearly 72 percent of Cadbury shareholders voted in support of the deal - the final step in creating a merged global food giant.
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