Coca-Cola Hellenic Bottling Company S.A. Announces Senior Leadership Succession

ATHENS, Greece, March 17, 2011 /PRNewswire-FirstCall/ -- Coca-Cola Hellenic Bottling Company S.A. (Coca-Cola Hellenic, the Group) announced that its Board of Directors has appointed Dimitris Lois to succeed Doros Constantinou who will be retiring as the Group's Chief Executive Officer later this year. To ensure a seamless transition the appointment will take effect in the third quarter of 2011.

Doros Constantinou, Chief Executive Officer of Coca-Cola Hellenic, commented "The opportunity to lead Coca-Cola Hellenic has been a privilege and I am grateful to the Board for the confidence they have placed in me. We have accomplished a great deal over the past eight years and I am convinced that Coca-Cola Hellenic has a strong leadership team and the right strategy for future sustainable growth. As I move to the next phase of my life, I am pleased that we have a solid succession plan in place. I am certain that Dimitris is prepared for the transition in responsibilities and that his proven leadership, deep knowledge of the business, passion for operational excellence and focus on people development will lead Coca-Cola Hellenic to continued success. I will continue to work alongside Dimitris and our senior leadership team over the next few months to ensure a smooth transition."

George David, Chairman of Coca-Cola Hellenic, commented: "On behalf of the entire Board I would like to thank Doros for his outstanding leadership and his significant contribution to making Coca-Cola Hellenic what it is today. Above all, he has built a very strong team that will continue to lead this business to greater success. We are very pleased to be able to appoint a successor of Dimitris's caliber from within our deep talent pool. Dimitris has demonstrated that he possesses the vision, experience and dedication to lead Coca-Cola Hellenic to a great future."

Mr. Lois joined Coca-Cola Hellenic in March 2007. In June 2007, he was appointed Region Director with responsibility for several of Coca-Cola Hellenic's key markets including Bulgaria, Cyprus, Greece, Moldova, Nigeria and Romania. In July of 2009 Mr Lois was appointed Chief Operating Officer for all of Coca-Cola Hellenic's countries with all of the Group's Region Directors reporting directly to him. As COO he has overseen a number of significant achievements including growing market shares, driving working capital improvements, focusing our operations on significant cost optimizations and successfully deploying the Group's SAP WAVE 2 platform.

Prior to joining Coca-Cola Hellenic, Mr. Lois held various senior management positions with Frigoglass S.A. for 10 years, becoming Managing Director in 2003. Under his leadership, Frigoglass became the world leader in providing Ice-Cold Merchandising solutions, primarily for the beverage industry, by extending its geographical footprint to 16 countries, expanding its customer base and consolidating its core strengths.

Mr. Lois is a Greek citizen and holds degrees in Chemical Engineering from the Illinois Institute of Technology and Northeastern University.

SOURCE Coca-Cola Hellenic Bottling Co SA