The Managing Director of Coca-Cola Amatil’s Ltd
(ASX:CCL) Australian Beverages business, Barry O’Connell, has stepped down from his role.
O’Connell has been working with the Coca-Cola brand more over 20 years across Europe, New Zealand and, since July 2014, Australia.
Amatil will undertake an internal and external search to replace O’Connell. Until that recruitment process has finished, Peter McLoughlin will fill the vacancy in the meantime.
Last week, Amatil also announced other major changes to its executive team – with its Chairman David Gonski, and three non-executive directors to retire at the upcoming AGM on 16 May.
This morning, shares in Coca-Cola Amatil rose 0.1% to $10.58.