Coca-Cola Europacific Partners plc Announces Resignation of Chief Financial Officer

Rhea-AI Summary

Coca-Cola Europacific Partners (CCEP) announces the resignation of their Chief Financial Officer, Nik Jhangiani, who is set to join Diageo plc later this year. The search for his successor is already in progress, with strong candidates identified. The current CFO will ensure a smooth transition before departing.

Coca-Cola Europacific Partners (CCEP) today announces the resignation of Nik Jhangiani, SVP and Chief Financial Officer (CFO) with a search for his successor well underway

UXBRIDGE, UK / ACCESSWIRE / May 3, 2024 / Nik Jhangiani, CFO, has informed the Company of his intention to join Diageo plc as CFO later this year. CCEP expects to make an announcement about his successor in the near future, following a thorough search with strong candidates already identified. Nik will remain in role to ensure an orderly and effective transition.

Damian Gammell, CCEP CEO said:

"I have been privileged to work closely with Nik for nearly a decade and I want to thank him for his outstanding contribution to CCEP and the wider Coca-Cola system. He has developed a strong team and we have great talent at CCEP who will continue to drive the fantastic business we have become today. I wish Nik the best in his new role, and I look forward to announcing his successor in the near future."

Nik Jhangiani, CCEP CFO said:

"I have had an incredible time at CCEP and I am so proud of what we have achieved together. It has been a genuine privilege to work with so many talented and dedicated people across the business. I remain fully focused on delivering on our commitments whilst enabling an effective transition to my successor. I look forward to continuing to follow the company's success."

About CCEP

CCEP is one of the leading consumer goods companies in the world. We make, move and sell some of the world's most loved brands - serving nearly 600 million consumers and helping over 2 million customers across 31 countries grow.

We combine the strength and scale of a large, multi-national business with an expert, local knowledge of the customers we serve and communities we support.

The Company is currently listed on Euronext Amsterdam, NASDAQ (and a constituent of the Nasdaq 100), London Stock Exchange and on the Spanish Stock Exchanges, trading under the symbol CCEP.

For more information about CCEP, please visit www.cocacolaep.com & follow CCEP on LinkedIn @ Coca-ColaEuropacificPartners | LinkedIn

Enquiries

General Counsel and Company Secretary: Clare Wardle; secretariat@ccep.com

Investor Relations: Sarah Willett; sarah.willett@ccep.com

Media: ccep@portland-communications.com

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SOURCE: Coca-Cola Europacific Partners plc

View the original press release on accesswire.com

FAQ

Who resigned from Coca-Cola Europacific Partners?

Nik Jhangiani, the Chief Financial Officer (CFO), has resigned.

Where is Nik Jhangiani planning to move to?

Nik Jhangiani intends to join Diageo plc as their CFO later this year.

What will happen to Nik Jhangiani before his departure?

Nik Jhangiani will ensure an orderly and effective transition before leaving his role.

Who will announce the successor of Nik Jhangiani?

Coca-Cola Europacific Partners (CCEP) will make an announcement about his successor in the near future.