Watkins will join CCA after she quit her old post

Watkins will join CCA after she quit her old post

Coca-Cola Amatil (CCA) has appointed the former head of an Australian agribusiness as its next managing director.

Alison Watkins, who quit GrainCorp today (2 December), will take over on 3 March, CCA said. Watkins will replace Terry Davis, who will advise the new MD until August next year, CCA added.

It is not immediately clear why Davis, who has been in his post since 2001, is stepping down.

Watkins left GrainCorp days after the Australian Government vetoed a A$3.4bn (US$3.09bn) takeover bid for the company by US agribusiness giant Archer Daniels Midland.

As well as leading GrainCorp, Watkins was previously CEO of juice company Berri Limited and is a former partner of McKinsey & Company. She was formerly a non-executive Director of Woolworths Limited and is currently a non-executive Director of Australia and New Zealand Banking Group Limited, a position she will resign from ahead of joining CCA, the company said.