AUS: Coca-Cola Amatil boss to step down next year
CCA announced its full-year results last month
Coca-Cola Amatil's (CCA) managing director is to leave the role in 18 months time after 11 years at the helm.
Terry Davis will leave the Australia-based bottler on 31 August, 2014, CCA chairman David Gonski said today (18 March), highlighting speculation over the past 18 months about the company's succession plans. “The next 18 months will be crucial for CCA ... and the board felt it was prudent to provide the market with certainty as to Terry’s tenure,” Gonski said.
Last year, CCA announced a major investment in Indonesia and Gonski said the company has “accelerated plans for growth” in the region. Davis called Indonesia a “standout performer” in full-year results announced last month.
CCA said it will start the search for a successor to Davis "in the coming months".
MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organi...
This report comprises high level market research data on the Guatemala beer industry, published by Canadean. The report covers the total market (on- and off-premise) and includes valuable insight an...
- Analysis - Remy's Cognac "dead-cat bounce"
- Comment - How Hand-Made is Tito's Handmade Vodka?
- Diageo's future brighter than present suggests
- Diageo's Q1 Results by Region
- SABMiller's troubles fuel M&A rumours
- Moët Hennessy unveils first Travel Retail outlet
- Diageo puts Beckham centre stage in Haig Club ad
- United Spirits sees Q1 net loss
- Beam Suntory, Edrington part ways in Travel Retail
- TWE unveils Penfolds range after CEO's "bold move"