Coca-Cola Enterprises Inc. Board Elects James E. Chestnut to the Company's Board of Directors.ATLANTA--(BUSINESS WIRE)--Feb. 16, 1999--Coca-Cola Enterprises (NYSE NYSE See: New York Stock Exchange :CCE CCE Cornell Cooperative Extension CCE Corporate and Continuing Education CCE Coca-Cola Enterprises Inc. CCE Commission de Coopération Environnementale CCE Centre for Continuing Education CCE College of Continuing Education CCE Certified Computer Examiner ) today reported that the Company's Board of Directors has elected James E. Chestnut, Senior Vice President and Chief Financial Officer of The Coca-Cola Company, as a member of the Board. Mr. Chestnut now will serve until the annual meeting in April and then stand for election by share owners for a term expiring in 2001. Mr. Chestnut's election returns the Board to 14 members for the first time since the resignation last year of Mr. Neville Isdell, who was named chairman of Coca-Cola Beverages Ltd. Mr. Chestnut joined The Coca-Cola Company in 1972. He was named to his current position in 1994 after being elected vice president and controller in 1993. He served as Finance Manager of The Coca-Cola Company's North Pacific Division and Senior Vice President and Chief Financial Officer of Coca-Cola (Japan) Company Limited from 1989 to 1993. Prior to 1989, Mr. Chestnut held a variety of financial management positions in the U.K., the Philippines and Atlanta, including assistant treasurer for The Coca-Cola Export Corporation. In addition to his responsibilities with The Coca-Cola Company, Mr. Chestnut serves as a director of Coca-Cola FEMSA Coca-Cola FEMSA is the anchor bottler of Coca-Cola and its related soft drink products in much of Latin America. The company is an important part of the Coca-Cola System. Specifically, Coca-Cola FEMSA distributes about 10% of the worldwide production of Coca-Cola products. , and Coca-Cola Nestle Refreshments. "We welcome the expertise and global experience that James Chestnut brings to our Board of Directors. His knowledge and skills will strengthen our ability to operate effectively in each of our territories, and to achieve our objective of increasing share owner value," said Summerfield K. Johnston, Jr., Chairman of the Board of Coca-Cola Enterprises Coca-Cola Enterprises NYSE: CCE is the largest bottler by volume in the Coca-Cola System. It is the anchor bottler for North America and parts of Europe. The company is the bottler of Coca-Cola and its other soft drink products, and in some areas a few other soft drink . Coca-Cola Enterprises Inc. (NYSE:CCE) is the world's largest marketer, distributor, and producer of bottle and can liquid nonalcoholic non·al·co·hol·ic adj. A beverage usually containing less than 0.5 percent alcohol by volume. refreshment. Coca-Cola Enterprises sells more than 65 percent of The Coca-Cola Company's bottle and can volume in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and is the sole licensed bottler for products of The Coca-Cola Company in Belgium, Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. , Luxembourg, the Netherlands and most of France. |
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