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Prices & Quotes - UK Markets - Coca-Cola HBC AG (CDI) (CCH)

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Share Price:
Up 2,300.00p
Change Today:
11.00p
Market Cap:
8,377m
Sector:
Beverages

Michalis Imellos to step down as Coca-Cola HBC finance chief

By Josh White

Date: Thursday 18 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Coca-Cola HBC announced on Thursday that its chief financial officer Michalis Imellos has informed the board of his intention to step down from the role at the end of the first quarter of 2021.
The FTSE 100 soft drinks bottler said Imellos would continue in his role until his successor has been appointed, and then remain with the company during a transition period.

It said it was conducting a search for its next CFO, considering internal and external candidates, with an announcement to be made in due course.

"In the last eight years as group CFO, Michalis has been instrumental in shaping and implementing key strategic decisions and initiatives that successfully navigated Coca-Cola HBC through periods of challenge and growth, while building a robust balance sheet and a strong team," said chief executive officer Zoran Bogdanovic.

"I am grateful for his support and partnership since my taking over as CEO and I am pleased that he will remain with the company to ensure a smooth transition."

Michalis Imellos added that he was "committed" to facilitating a handover and transition that would ensure Coca-Cola HBC could capture opportunities ahead from a "position of strength".

At 0909 BST, shares in Coca-Cola HBC were up 0.47% at 2,127p.

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CCH Market Data

Currency UK Pounds
Price 2,300.00p
Change Today 11.00p
52 Week High 2,883.00p
52 Week Low 1,494.00p
Volume 534,532
Shares Issued 364.23m
Market Cap 8,377m

Performance Indicators

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What The Brokers Say

Strong Buy 14
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 18
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CCH Dividends

  Latest Previous
  Final Final
Ex-Div 02-Jul-20 04-Jul-19
Paid 28-Jul-20 30-Jul-19
Amount 62.00¢ 57.00¢

Trades for 04-Dec-2020

Time Volume / Share Price
16:35 240,833 @ 2,300.00p
16:29 86 @ 2,294.00p
16:29 111 @ 2,294.00p
16:29 328 @ 2,294.00p
16:29 3 @ 2,294.00p

CCH Key Personnel