Coca-Cola HBC AG CEO's medical leave of absence (8569Q)

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RNS Number : 8569Q

Coca-Cola HBC AG

15 September 2017

FOR IMMEDIATE RELEASE

Coca-Cola HBC AG

Statement re. CEO's medical leave of absence

Zug, Switzerland - 15 September 2017 - Coca--Cola HBC AG ("Coca-Cola HBC" or the "Company") today announces that its CEO, Dimitris Lois, will be taking a temporary leave of absence from the Company in order to undergo treatment for a medical condition. He is currently expected to be on leave for approximately four months. During his leave, Dimitris will stay involved in the business and he will remain a member of the Board of Directors. Michalis Imellos, Coca-Cola HBC's CFO, will serve as Acting CEO during Dimitris's absence.

"It is in the best interest of both Coca-Cola HBC and myself that I take this time to focus on my health, while Michalis and the rest of our strong leadership team continue to execute our strategy" said Dimitris Lois. "I am committed to continue being involved in the business during my leave and I plan to return after completing my treatment."

"The Board supports Dimitris's request to take this leave and wishes him a quick recovery as he focuses on his health." said Anastassis David, Chairman of the Board of Directors of Coca-Cola HBC. "The Board has full confidence in the excellent management team that Dimitris has built. Michalis and the team are well equipped to continue driving the Company's strategy and manage day-to-day operations."

Michalis Imellos joined Coca-Cola HBC in 2008 as Region Finance Director and was appointed CFO in 2012.

Enquiries

Coca--Cola HBC Group

 
 Basak Kotler                  Tel: [phone] 
  Investor Relations      [e-mail] 
  Director 
 Joanna Kennedy                Tel: [phone] 
  Investor Relations    [e-mail] 
  Manager 
 Vasso Aliferi                  Tel: [phone] 
  Investor Relations     [e-mail] 
  Manager 
 

About Coca--Cola HBC

Coca-Cola HBC is a leading bottler of The Coca-Cola Company with a sales volume of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of approximately 595 million people. Coca-Cola HBC offers a diverse range of non-alcoholic ready to drink beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca-Cola HBC 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 its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities. Coca-Cola HBC is ranked beverage industry leader in the Dow Jones Sustainability World and Europe Indices, and is also included in the FTSE4Good Index.

Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). For more information, please visit http://www.coca-colahellenic.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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September 15, 2017 02:01 ET (06:01 GMT)