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(Alliance News) - Coca-Cola HBC AG on Monday said its chief financial officer intends to leave the company to take up a new unnamed opportunity in North America.
The Switzerland-based strategic bottling partner of Coca-Cola Co said Ben Almanzar will remain as CFO until the end of May to ensure an effective transition of his responsibilities.
Coca-Cola HBC said it is conducting a search for its next CFO considering internal and external candidates.
A further announcement will be made "when appropriate", Coca-Cola HBC said.
"I would like to thank Ben for his commitment and valuable contributions to the company over the past three years. During his tenure, he played a key part in implementing our strategic initiatives, navigating a challenging external environment, developing his team and delivering strong results," said Chief Executive Officer Zoran Bogdanovic.
Outgoing Almanzar commented: "As a long-term shareholder, I have every confidence in the future success of the business. I remain fully focused on the continued delivery of the company's strong performance and enabling an effective transition to ensure that Coca-Cola HBC continues to capture the exciting opportunities ahead."
Shares in Coca-Cola HBC closed up 0.8% to 2,383.50 pence each in London on Monday.
By Greg Rosenvinge, Alliance News senior reporter
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