Coca Cola Bottling Co. Consolidated Announces Repositioning of its Executive Vice Presidents

1/28/18

CHARLOTTE, N.C., Jan. 26, 2018 (GLOBE NEWSWIRE) -- Coca?Cola Bottling Co. Consolidated (NASDAQ:COKE) today announced a repositioning of its executive vice president officer group effective January 26, 2018.

“The repositioning of our executive vice president team resulted from the Company’s ongoing, succession planning process and from our continued focus on maximizing stockholder value since our recent acquisitions from The Coca-Cola Company, which have transformed our Company,” said Coke Consolidated Chairman and CEO J. Frank Harrison, III. “I believe these changes will continue to position the Company for sustainable, long-term success in serving our consumers, customers, communities and teammates.”

Hank Flint, President and Chief Operating Officer, added, “This repositioning demonstrates the depth and quality of our senior leadership team, as well as our desire to empower this team to capitalize on the Company’s recent transformative growth, which resulted from our series of acquisitions of distribution territory and manufacturing facilities.”

Robert Chambless, as Executive Vice President, Franchise Beverage Operations, will continue to oversee all of the Company’s sales, marketing and distribution operations, and will now manage product supply planning and manufacturing operations as well. Prior to this role, Chambless has served in various roles since joining the Company in 1986.

Beau Fisher, as Executive Vice President, General Counsel and Secretary, will continue to oversee legal and governance matters and will now also oversee insurance and risk management, internal controls services and administrative services.

Jamie Harris, as Executive Vice President, Business Transformation and Business Services, will continue to oversee the Company’s information technology, real estate, business services, and the transition and integration of the recently-acquired distribution territories and manufacturing facilities. He also leads our business transformation group that will coordinate planning and implementation of enterprise business and continuous improvement initiatives. Harris has served in a number of roles since joining the Company in January 2008, including as Chief Financial Officer of the Company.

Dave Katz, as Executive Vice President and Chief Financial Officer, will assume executive responsibility for finance, accounting, tax, treasury, public affairs and communications. Katz has served in various roles since joining the Company in January 2013, including as Assistant to the Chairman and Senior Vice President of Product Supply and Human Resources, and Culture & Stewardship. Before joining the Company, Mr. Katz also served in multiple roles with Coca-Cola Refreshments and its predecessor, Coca-Cola Enterprises, Inc.

About Coca?Cola Bottling Co. Consolidated

Coke Consolidated is the largest Coca-Cola bottler in the United States. Our Purpose is to honor God, serve others, pursue excellence and grow profitably. For 115 years, we have been deeply committed to the consumers, customers, and communities we serve and passionate about the broad portfolio of beverages and services we offer. We make, sell, and deliver beverages of The Coca-Cola Company and other partner companies in more than 300 brands and flavors to 65 million consumers in territories spanning 14 states and the District of Columbia. 

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