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Change of Chairman at Coca-Cola HBC

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Change of Chairman at Coca-Cola HBC

Change of Chairman at Coca-Cola HBC
February 02
16:40 2016

Coca-Cola HBC has announced that George A David has decided to step down from the position of Chairman of the Board of Directors with effect from 27 January 2016. Mr David, who has served as Chairman of Coca-Cola HBC since 1981, will remain on the Board until the Annual General Meeting of Shareholders in June 2016, at which point he will be retiring from the company.

Following a thorough succession planning process by the company’s Nomination Committee involving external advisers and a broad consultation with the Company’s shareholders, the Board has decided to appoint Coca-Cola HBC’s current Vice Chairman, Anastassis G David, as Chairman of the Board until the company’s next AGM. Anastassis G. David will be proposed for election by the shareholders at the company’s AGM in June 2016.

Anastassis G. David joined the Board of Coca-Cola HBC as a non-executive director in 2006 and was appointed Vice Chairman in 2014. Anastassis brings to his role more than 20 years of experience as an investor and non-executive director in the beverage industry. He is active in the international community and serves as a board member of a number of non-profit organisations. He is also on the boards of Aegean Airlines and AXA Insurance.

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