Our Board is responsible for ensuring the highest level of corporate governance, accountability and risk management for the Group.
Role of the Board
The Coca‑Cola HBC Board has ultimate responsibility for our long-term success and for delivering sustainable shareholder value. There is a clear division of responsibilities between the running of the Board and the executive responsibility for the running of our business.
Key tasks of the Board include:
- Providing entrepreneurial leadership within the Company’s control and risk management framework
- Determining the long-term business strategy and objectives of the Group and monitoring the implementation of the strategy and the achievement of those objectives
- Reviewing and approving the annual business plan
- Setting appropriate risk parameters and monitoring to ensure that effective risk management and internal control processes are in place
- Assessing the principal risks facing the Company’s business model, future performance, solvency and liquidity
- Assessing the longer-term viability of the Company
- Reviewing and approving periodic financial reports
- Performing Board and senior management succession planning
- Setting the Company's values and standards and ensuring that its obligations to shareholders are understood and met
- Monitoring the Group’s compliance programmes to ensure effective corporate governance
- Supervising management
Members of the Board
Mr Bozer retired from the position as Executive Vice President of The Coca‑Cola Company in March 2016. Mr Bozer started his professional career in 1985 at Coopers & Lybrand, CPA, based in Atlanta, serving in a variety of audit, consultancy and management roles and moved to The Coca‑Cola Company in 1990 as Financial Controls Manager. Four years later, he assumed a leadership role at Coca‑Cola Bottlers of Turkey (now Coca‑Cola Icecek), becoming its Managing Director in 1998. He returned to The Coca‑Cola Company in 2000 as Division President, Eurasia, and quickly progressed to the role of Division President, Eurasia and the Middle East. In 2007, he became Group President, Eurasia, assuming additional responsibility for the India and South West Asia Division, and was soon named Group President and COO, Eurasia and Africa Group. As President of Coca‑Cola International, he had operating responsibility for 200+ countries and territories. He chairs several business councils in various countries, serves as a Board member for the Coca‑Cola Foundation, and the The Coca‑Cola Turkey Life Plus Foundation, is on the Board of Advisors for Robinson College of Business at Georgia State University, and is a former member of the The Turkish Educational Volunteers Foundation. Mr Bozer earned a bachelor degree in management from the Middle East Technical University, Ankara, Turkey, and a master degree in Business Information Systems from Georgia State University.
Mr Antonio D’Amato began his business career in 1979 with Cartoprint in Milan, part of the Seda International Packaging Group SpA (formerly the Finseda Group), a leading European company in the production of food packaging materials. He was employed in various capacities and became president of Seda International Packaging Group SpA in 1991. Mr D’Amato was previously president and a member of the board of directors of Confindustria, the Confederation of Italian Industry. In August 2000, Mr D’Amato was appointed vice-president of the Union of Industrial and Employers’ Confederations of Europe (UNICE). From 2000 to 2012, Mr D’Amato was a member of the Italian National Council for Economy and Labor (CNEL). In July 2001, he became president of the LUISS University in Rome, a leading private Italian university. Mr D’Amato is a member of the Company’s Nomination and Remuneration Committees.
Mr Anastassis David was appointed Chairman of the Board of Directors of Coca‑Cola HBC on 27 January 2016. He joined the Board of Coca‑Cola HBC as a non-executive director in 2006 and was appointed Vice Chairman in 2014. Mr David brings to his role more than 20 years’ experience as an investor and non-executive director in the beverage industry. Mr David is active in the international community and serves on the International Board of Advisors of Tufts University and on the Advisory Board of the Fares Center at Fletcher School. He serves as a member on the board of directors of Aegean Airlines SA and AXA Insurance SA. He is a member of the Board of Trustees of College Year in Athens and is a member of the Executive Committee of the Cyprus Union of Shipowners. Mr David is also a former Chairman of Navios Corporation. He holds a BA in History from Tufts University.
Mrs Olusola (Sola) David-Borha is the Chief Executive of Stanbic IBTC Holdings plc, a full service financial services group with subsidiaries in Commercial Banking, Investment Banking, Pension and Non-Pension Asset Management and Stockbroking. Stanbic IBTC Holdings is listed on the Nigerian Stock Exchange. Prior to this appointment, Mrs David-Borha served as Chief Executive of Stanbic IBTC Bank from May 2011 to November 2012. She also served as Deputy Chief Executive of the Bank and Head of Investment Banking Coverage Africa (excluding South Africa). Stanbic IBTC Holdings is a member of the Standard Bank group which, in 2007, acquired a leading Investment Bank in Nigeria, IBTC Chartered Bank plc where Mrs David-Borha worked as an Executive Director prior to the merger. Between 1984 and 1989, Mrs David-Borha worked in the Credit and Marketing department of NAL Merchant Bank PLC. Mrs David-Borha holds a first degree in Economics, and obtained an MBA degree from Manchester Business School, United Kingdom. Her executive educational experience includes the Advanced Management Programme of the Harvard Business School. She is an Honorary Fellow of the Chartered Institute of Bankers of Nigeria (CIBN), and serves as non-executive director on the Board of CR Services Credit Bureau plc and the University of Ibadan Business School, amongst others. She is also the Vice Chairman of the board of the Nigerian Economic Summit Group. Mrs David-Borha is a member of the Company’s Audit and Risk Committee.
Mr Douglas will retire from the position as Executive Vice President of Coca‑Cola Enterprises in June 2016. Coca‑Cola Enterprises is a major independent bottling company listed on the New York Stock Exchange. Mr Douglas has held various positions within the Coca‑Cola system since 1985. In 1991, he was appointed Division Finance Manager for the Nordic & Northern Eurasia Division of The Coca‑Cola Company. Mr Douglas moved to Atlanta in 1994 as Executive Assistant to the President of The Coca‑Cola Company’s Greater Europe Group. In 1996, Mr Douglas became Nordic Region Manager. In 1998, he was appointed Controller of Coca‑Cola Beverages plc. From 2000 until 2004 Mr Douglas served as Chief Financial Officer of Coca‑Cola HBC. He joined Coca‑Cola Enterprises in 2004 when he was appointed Vice President, Controller and Principal Accounting Officer. He was appointed Senior Vice President and Chief Financial Officer in 2005 and Executive Vice President and Chief Financial Officer of Coca‑Cola Enterprises in 2008. In 2013, Mr Douglas became the Executive Vice President, Supply Chain. He continued leading the Supply Chain organization until April 2015. Before joining the Coca‑Cola system, Mr Douglas was associated with Ernst & Whinney, an international accounting firm. Mr Douglas is a member of the Board of Directors and chairman of the Audit Committee of SiteOne Landscape Supply, Inc. He is also Vice Chairman of the University of Georgia Foundation. He received his undergraduate degree from the J.M. Tull School of Accounting at the University of Georgia. Mr Douglas is a member of the Audit and Risk Committee.
Mr Francioni serves as a member of the Board of Directors of UBS Group as well as a member of the Supervisory Board of Swiss International Airlines (designated Chairman by mid-2016). In addition, Mr Francioni has been a professor of applied capital markets theory at the University of Basel since 2006 and is the author of several highly respected books on capital market issues. From 2005 until 2015 Mr. Francioni was CEO of Deutsche Börse AG. From 2002 until 2005, he served as Chairman of the Supervisory Board and President of the SWX Group (Stock Exchange of Switzerland). Between 2000 and 2002 Mr Francioni was co-CEO and Spokesman for the Board of Directors of Consors AG. Between 1993 and 2000 he held various management positions at Deutsche Börse AG, including that of Deputy CEO. From 2003 until 2005 Mr Francioni was an Adjunct Professor of Economics and Finance at Zicklin School of Business, New York. He studied and earned his doctorate in Law at the University of Zurich. Mr Francioni is a member of the Nomination Committee.
Mr Anastasios Leventis serves as a director of the Leventis Group, a diversified international business group, and as a trustee of the Leventis Foundation. In addition, Mr Leventis is a director of Alpheus Group Limited, a private asset management company managing assets of private clients and charitable foundations. Mr Leventis is vice president of the Council of the University of Cyprus, a member of the board of overseers of the Gennadius Library in Athens and a member of the board of the WWF in Greece. Mr Leventis holds a BA in Classics from the University of Exeter and an MBA from New York University’s Leonard Stern School of Business.
Mr Christo Leventis worked as an Investment Analyst with Credit Suisse Asset Management from 1994 to 1999. In 2001, he joined JP Morgan Securities as an Equity Research Analyst focusing on European beverage companies. In 2003, Mr Leventis started the private equity investment arm of Alpheus, a private asset management company, and also serves as a member of its investment advisory committee. From 2003 until March 2014, Mr Leventis was a member of the board of directors of Frigoglass SAIC, a leading global manufacturer of commercial refrigeration products for the beverage industry. Mr Leventis holds a BA in Classics from University College London and an MBA from the Kellogg School of Management in Chicago.
Mr Dimitris Lois began his career in 1988 at Grecian Magnesite SA, where he held various managerial posts including that of business development manager. He joined Frigoglass SAIC in 1997, and after serving in various international positions he was appointed managing director in August 2003. Mr Lois joined the Group as Region Director in 2007. He was appointed Chief Operating Officer in 2009 and Chief Executive Officer in 2011. He holds a Master of Science in Chemical Engineering from Northeastern University and a Bachelor of Science in Chemical Engineering from Illinois Institute of Technology.
Mrs Papalexopoulou serves as an executive director of the Titan Cement Company SA, and is currently responsible for the group’s strategic planning. Titan Cement Company SA is a company established in Greece, listed on the Athens Exchange and engaged in the worldwide production and distribution of a range of construction materials. Previously, she worked for the OECD and the consultancy firm Booz, Allen & Hamilton, in Paris. Mrs Papalexopoulou is treasurer and a member of the board of directors of the Paul and Alexandra Canellopoulos Foundation and a member of the board of directors of National Bank of Greece and the ALBA College of Business Administration Association. From 2003 until February 2015 she served as a member of the board of directors of Frigoglass SAIC, and from 2007 to 2009 she served as member of the board of directors of Emporiki Bank. Mrs Papalexopoulou studied Economics at the Swarthmore College, USA, and Business Administration (MBA) at INSEAD, Fontainebleau, France. Mrs Papalexopoulou is a member of the Company’s Remuneration and Nomination Committees.
Mr José Octavio Reyes is the former Vice Chairman of The Coca‑Cola Export Corporation, a position in which he served from January 2013 until his retirement in March 2014. He was president of the Latin America Group of The Coca‑Cola Company from December 2002 to December 2012. Following various managerial positions in Mexico, Brazil and in The Coca‑Cola Company headquarters in Atlanta, Mr Reyes was named President of the North Latin America Division of Coca‑Cola in 2002. Prior to joining Coca‑Cola, Mr Reyes spent five years with Grupo IRSA, a Monsanto Company joint venture. Mr Reyes has been a member of the board of directors of MasterCard WorldWide since January 2008 and is a member of the board of directors of Papalote Children’s Museum in Mexico City and Fundación UNAM. Mr Reyes holds a BS in Chemical Engineering from the Universidad Nacional Autónoma de México and a MBA from the Instituto Tecnológico de Estudios Superiores de Monterrey. Mr Reyes is a member of the Company’s Social Responsibility Committee.
Mr Rudolph is an attorney at law and partner at the Zurich-based law firm Oesch & Rudolph. In addition, he serves as a member of the Foundation Board of the A.G. Leventis Foundation as well as a member of the board of various privately held companies. From 1993 until 2006 Mr Rudolph worked at the business law firm Lenz & Staehelin in Zurich. Prior to that, Mr Rudolph worked as a public relations consultant at the public relations agency Huber & Partner in Zurich, as marketing assistant and subsequently as manager at Winterthur Life Insurance as well as part-time with D&S, the Institute for Marketing and Communications Research in Zurich. Mr Rudolph obtained a Master’s degree in Law from the University of Zurich and is admitted to the Zurich bar. Mr Rudolph also studied at the Faculté des Lettres of the University of Geneva as well as the Ecole Polytechnique in Lausanne.
Mr Sechi started his career as a financial analyst and audit manager. In 1985, he joined The Coca‑Cola Company as an internal auditor. In 1987, Mr. Sechi became the Finance Director for Coca‑Cola Great Britain Limited based in London. The following year, he was appointed General Manager of the European Supply Point Group and in 1990 he moved to Madrid to join the Iberian Division as Chief Financial Officer. In 1993, Mr Sechi was promoted to President of the Central Mediterranean Division of The Coca‑Cola Company, based in Milan, where he was responsible for operations in Greece, Cyprus, Malta, Bulgaria, Former Yugoslavia (Croatia, Serbia, Bosnia, Montenegro, Kosovo and FYROM), Albania and Italy. In 1998, he was promoted to President of the German Division, based in Dusseldorf. Mr Sechi was Chairman of Globalpraxis, a commercial consulting firm, from 2001 to 2008. From 2007 until 2013, he was the President, Greater Europe of The Campbell Soup Company, and from 2006 to 2011, a non-executive Board member and Chairman of the Audit Committee of Coca‑Cola Içecek. Mr Sechi has a BA in Business Management from Ryerson University in Toronto and is a Chartered Accountant (Canada). Mr Sechi is a member of the Company’s Audit and Risk Committee.