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US: Financial VP stands down at Coca-Cola Enterprises

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A senior executive at Coca-Cola Enterprises (CCE) has announced her retirement from the company.

Vicki Palmer, executive vice president, financial services and administration, has elected to retire from CCE on 1 April, the company said yesterday (14 January). Palmer joined The Coca-Cola Co. in 1983, before joining CCE's initial leadership team as assistant treasurer when the company formed in 1986. She rose to her current position in 2004.

"Vicki's leadership was fundamental to the formation of key company functions and initiatives, including our debt and cash management platforms, our pension and 401(k) plan investment programs, our first enterprise-wide risk management function, our global diversity council and the Ombuds Office," said CCE's chairman and CEO, John Brock. "As a member of the executive leadership team and a highly respected leader, Vicki has made lasting contributions to CCE and her local community over her distinguished career.

"We are fortunate that she has agreed to work with us on various diversity, community and sustainability initiatives following her retirement."

CCE sells around 80% of The Coca-Cola Co.'s bottle and can volume in North America and is the sole licensed bottler for Coca-Cola Co.'s products in Belgium, continental France, Great Britain, Luxembourg, Monaco, and the Netherlands.


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