Athens, Greece – August 22, 2003 – Coca‑Cola Hellenic Bottling Company S.A. (‘Coca‑Cola HBC’, ‘CCHBC’), today announced the appointment of Doros Constantinou as its new Managing Director following the resignation of Irial Finan. Mr Finan has resigned from his positions as Managing Director and member of the board for personal reasons
To ensure a seamless transition Mr Finan will be available over the next few months.
Having worked for over 22 years in the Coca‑Cola HBC family, Mr Finan has made a significant contribution to the success of the organisation.
Mr George David, Chairman of CCHBC commented: “Mr Finan has been a key member of the management team that has led Coca‑Cola HBC’s successful journey over the past years. We understand Irial’s decision and wish him well for the future”.
The Board of Directors has appointed Mr Constantinou as the new Managing Director of Coca‑Cola HBC effective immediately. He will also serve as a director on the Board of the company.
Mr Constantinou’s most recent position was as Managing Director of Frigoglass S.A., a public company listed on the Athens Stock Exchange with operations in 16 countries around the world. Frigoglass is one of the leading manufacturers of coolers (beverage retail refrigerator units) worldwide. In this capacity he contributed significantly to that company’s international expansion and the restructuring of its cooler business unit.
In 1985 Mr Constantinou joined the Hellenic Bottling Company (HBC) where he held several senior financial positions. In 1996 he was appointed to the position of CFO and he remained in this position until August 2000, when he joined Frigoglass. He was a key member of the team that led the successful integration of the HBC-CCB merger in June 2000. Prior to joining HBC, he worked with an international accounting firm for 10 years.
Mr George David, Chairman of CCHBC commented: “I am very pleased to have someone of Mr Constantinou’s experience and calibre to serve as our Managing Director. We expect the success that the company has seen over many years to continue under his leadership”.
With its large international footprint, Coca‑Cola HBC relies on its exceptional team of country managers who run the component parts of the business on a day-to-day basis. Mr Constantinou’s experience in managing a similarly structured and diverse business and his knowledge of our business made him the ideal candidate for this post.
Coca‑Cola HBC is one of the world's largest bottlers of products of The Coca‑Cola Company and has operations in 26 countries serving a population of more than 500 million people. CCHBC shares are listed on the Athens Stock Exchange (ASE:EEEK), with secondary listings on the London (LSE:CCB) and Australian (ASX:CHB) Stock Exchanges. CCHBC’s American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE:CCH).
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