Coca-Cola European Partners Announces Garry Watts to Step Down as Director Effective 30 September 2017
Coca-Cola European Partners plc (CCEP) (ticker symbol: CCE), announces that Garry Watts, Independent Non-executive director, will be stepping down from the Board of Directors effective 30 September 2017.
Mr. Watts was appointed independent Non-executive Director on 28 April 2016 where he currently is Chairman of the Audit Committee and a member of the Remuneration Committee. Garry was a director of Coca-Cola Enterprises, Inc. from November 2010 to May 2016. Mr. Watts has decided to step down from the Board to dedicate more time to his other roles. A search is underway for a new Independent Non-executive director, with Mr. Watts staying on until the 30 September to ensure a smooth transition.
“On behalf of the Board, I would like to thank Garry for his many contributions over the years and especially through the creation of CCEP,” Sol Daurella, Chairman said. “We have benefitted from his insight and counsel during a transformational period in our company and we wish him well for the future.”
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Coca-Cola European Partners plc (CCEP) is a leading consumer goods company in Europe, selling, making and distributing an extensive range of nonalcoholic ready-to-drink beverages and is the world’s largest independent Coca-Cola bottler based on revenue. Coca-Cola European Partners serves a consumer population of over 300 million across Western Europe, including Andorra, Belgium, continental France, Germany, Great Britain, Iceland, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain and Sweden. The Company is listed on Euronext Amsterdam, the New York Stock Exchange, Euronext London and on the Spanish stock exchanges, and trades under the symbol CCE. For more information about CCEP, please visit our website at www.ccep.com and follow CCEP on Twitter at @CocaColaEP.