Athens, Greece – 3 August 2009 – Coca-Cola Hellenic Bottling Company (Coca-Cola Hellenic, the Company) announces an internal reconfiguration of its regional operating structure with effect from August 1, 2009. The grouping of our countries into our three reporting segments – Established, Developing and Emerging – remains unchanged.
Richard Smyth will continue to manage as Region Director Italy, Austria, Switzerland, Slovenia, Estonia, Lithuania, and Latvia and will also assume responsibility for FYROM.
Keith Sanders, who has been appointed Region Director effective August 1, 2009, will be responsible for managing Russia, Ukraine, Belarus, Armenia and Poland.
John Brady will continue to manage as Region Director the Republic of Ireland, Northern Ireland, Croatia, Bosnia & Herzegovina and will also assume responsibility for Greece, Cyprus, Hungary, Czech Republic and Slovakia.
Dimitris Lois, who has been appointed Chief Operating Officer effective August 1, 2009, will assume interim responsibility for Nigeria, Romania, Moldova, Serbia, Montenegro and Bulgaria until an appointment for the position of new Region Director has been made.
Mr. Doros Constantinou, Chief Executive Officer of Coca-Cola Hellenic said: "The new organisational structure increases the number of regions from three to four which will allow for a stronger operational focus and increased speed and flexibility in decision making. These changes will also facilitate knowledge transfer and optimise the allocation of strategic resources to capture growth opportunities in a fast evolving marketplace. Dimitris Lois will oversee the new regional structure in his new capacity as Chief Operating Officer and under his leadership, I am confident that Coca-Cola Hellenic will continue to drive the successful execution of its proven strategy both at a regional and country level."
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About Coca-Cola Hellenic
Coca-Cola Hellenic is one of the world's largest bottlers of products of The Coca-Cola Company with sales of more than 2 billion unit cases. It has broad geographic reach with operations in 28 countries serving a population of approximately 560 million people. Coca-Cola Hellenic offers a diverse range of ready-to-drink non-alcoholic beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca-Cola Hellenic is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting our business in ways that protect and preserve the environment and contribute to the socio-economic development of our local communities.
Coca-Cola Hellenic‘s shares are listed on the Athens Exchange (ATHEX: EEEK), with a secondary listing on the London Stock Exchange (LSE: CCB). Coca-Cola Hellenic’s American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE: CCH) and Chess Depositary Instruments (CDIs) are listed on the Australian Stock Exchange (ASX: CHB). Coca-Cola Hellenic is included in the Dow Jones Sustainability and FTSE4Good Indexes. For more information, please visit www.coca-colahellenic.com