Coca-Cola Amatil Limited (ASX:CCL) has announced the appointment of Alison Watkins as Group Managing Director, just hours after Graincorp Limited (ASX:GNC) reported her departure.
Ms Watkins is expected to join Coca-Cola in early March next year, replacing the long serving Terry Davis.
Chairman David Gonski says Ms Watkins appointment will assist CCA in delivering strong performance outcomes from existing operations whilst progressing development opportunities in its emerging businesses.
As a result of the appointment, Ms Watkins will resign from her non-executive directorship of ANZ Banking Group (ASX:ANZ) next April.
Coca-Cola Amatil generated a net profit of $216 million in fiscal 2013.
CCL Price at posting:
$12.10 Sentiment: None Disclosure: Held
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