New blood at helm of Coca Cola HBC

Financial Mirror (Cyprus) - - FRONT PAGE -

Coca-Cola HBC AG an­nounced that Anas­ta­sios P. Leven­tis, Har­alam­bos K. Leven­tis, John Hunter and Ste­fan Hei­den­re­ich will re­tire from the board at the an­nual gen­eral meet­ing on June 25 with pro­pos­als of Anas­ta­sios I. Leven­tis, Christo Leven­tis, José Octavio Reyes and John P. Sechi for elec­tion at the AGM as a non-ex­ec­u­tive di­rec­tor.

“I look for­ward to work­ing with José and John whose knowl­edge and in­ter­na­tional ex­pe­ri­ence of both the Coca-Cola Sys­tem and the con­sumer goods in­dus­try will be a strate­gic as­set for the board and the CCHBC group,” said chair­man Ge­orge David.

Anas­ta­sios I. Leven­tis serves as a di­rec­tor of the Leven­tis Group, a di­ver­si­fied in­ter­na­tional busi­ness group, and as a trustee of the Leven­tis Foun­da­tion. He is also a di­rec­tor of Alpheus Group, a pri­vate as­set man­age­ment com­pany man­ag­ing as­sets of pri­vate clients and char­i­ta­ble foun­da­tions, vice pres­i­dent of the Coun­cil of the Univer­sity of Cyprus, a mem­ber of the board of over­seers of the Gen­na­dius Li­brary in Athens and a mem­ber the board of the WWF in Greece.

Christo Leven­tis worked as an In­vest­ment An­a­lyst with Credit Suisse As­set Man­age­ment from 1994 to 1999. In 2001, he joined J.P. Mor­gan Se­cu­ri­ties as an Eq­uity Re­search An­a­lyst fo­cus­ing on Euro­pean bev­er­age com­pa­nies and in 2003 started the pri­vate eq­uity in­vest­ment arm of Alpheus, a pri­vate as­set man­age­ment com­pany, and also serves as a mem­ber of its in­vest­ment ad­vi­sory com­mit­tee. From 2003 un­til March 2014 he has been a board mem­ber of Fri­go­glass S.A.I.C., a leading global man­u­fac­turer of commercial re­frig­er­a­tion prod­ucts for the bev­er­age in­dus­try.

José Octavio Reyes is the for­mer Vice Chair­man of The Coca-Cola Ex­port Cor­po­ra­tion, a po­si­tion in which he served from Jan­uary 2013 un­til his re­tire­ment in March 2014. He was pres­i­dent, Latin Amer­ica Group at The Coca-Cola Com­pany from De­cem­ber 2002 to De­cem­ber 2012 hav­ing be­gun his ca­reer with The Coca-Cola Com­pany in Mex­ico and then in At­lanta.

John Sechi started his ca­reer as a fi­nan­cial an­a­lyst and au­dit man­ager. In 1985, he joined The Coca-Cola Com­pany as an in­ter­nal au­di­tor and in 1987 be­came the Fi­nance Di­rec­tor for Coca-Cola Great Bri­tain. In 1993, he was pro­moted to Pres­i­dent of the Cen­tral Mediter­ranean Di­vi­sion of The Co­caCola Com­pany, based in Mi­lan, where he was re­spon­si­ble for op­er­a­tions in Greece, Cyprus, Malta, Bul­garia, For­mer Yu­goslavia, Al­ba­nia and Italy.

Mean­while, the board has pro­posed a gross div­i­dend of Euro 0.354 on each or­di­nary reg­is­tered share with a par value of CHF 6.70 out of the gen­eral cap­i­tal con­tri­bu­tion re­serve.

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