Coca-Cola Hellenic Bottling Company announced that its Board of Directors has
appointed Dimitris Lois to succeed Doros Constantinou who will be retiring as
the Group's Chief Executive Officer later this year. To ensure a seamless
transition the appointment will take effect in the third quarter of 2011.
Doros Constantinou, Chief Executive Officer of Coca-Cola Hellenic, commented
"The opportunity to lead Coca-Cola Hellenic has been a privilege and I am
grateful to the Board for the confidence they have placed in me. We have
accomplished a great deal over the past eight years and I am convinced that
Coca-Cola Hellenic has a strong leadership team and the right strategy for
future sustainable growth. As I move to the next phase of my life, I am pleased
that we have a solid succession plan in place. I am certain that Dimitris is
prepared for the transition in responsibilities and that his proven leadership,
deep knowledge of the business, passion for operational excellence and focus on
people development will lead Coca-Cola Hellenic to continued success. I will
continue to work alongside Dimitris and our senior leadership team over the
next few months to ensure a smooth transition."
George David, Chairman of Coca-Cola Hellenic, commented: "On behalf of the
entire Board I would like to thank Doros for his outstanding leadership and his
significant contribution to making Coca-Cola Hellenic what it is today. Above
all, he has built a very strong team that will continue to lead this business
to greater success. We are very pleased to be able to appoint a successor of
Dimitris's caliber from within our deep talent pool. Dimitris has demonstrated
that he possesses the vision, experience and dedication to lead Coca-Cola
Hellenic to a great future."
Mr. Lois joined Coca-Cola Hellenic in March 2007. In June 2007, he was
appointed Region Director with responsibility for several of Coca-Cola
Hellenic's key markets including Bulgaria, Cyprus, Greece, Moldova, Nigeria and
Romania. In July of 2009 Mr Lois was appointed Chief Operating Officer for all
of Coca-Cola Hellenic's countries with all of the Group's Region Directors
reporting directly to him. As COO he has overseen a number of significant
achievements including growing market shares, driving working capital
improvements, focusing our operations on significant cost optimizations and
successfully deploying the Group's SAP WAVE 2 platform.
Prior to joining Coca-Cola Hellenic, Mr. Lois held various senior management
positions with Frigoglass S.A. for 10 years, becoming Managing Director in
2003. Under his leadership, Frigoglass became the world leader in providing
Ice-Cold Merchandising solutions, primarily for the beverage industry, by
extending its geographical footprint to 16 countries, expanding its customer
base and consolidating its core strengths.
Mr. Lois is a Greek citizen and holds degrees in Chemical Engineering from the
Illinois Institute of Technology and Northeastern University.
About Coca-Cola Hellenic
Coca-Cola Hellenic is the second-largest bottler of products of The Coca-Cola
Company in terms of volume with sales of more than 2 billion unit cases. It has
broad geographic footprint with operations in 28 countries serving a population
of more than 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). Coca-Cola Hellenic is included in the Dow Jones
Sustainability and FTSE4Good Indexes.
source: MoneyAM
