Coca-Cola Enterprises Inc. Board Elects John R. Alm Chief Executive Officer.Business Editors ATLANTA--(BUSINESS WIRE)--Dec. 16, 2003 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 today announced that John R. Alm, currently president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , has been elected president and chief executive officer by the Board of Directors. Lowry F. Kline, currently chairman and chief executive officer, will remain executive chairman of the Board and retain active management duties. These changes are effective January 1, 2004. "Over the past three years, John and I have built a strong leadership team at Coca-Cola Enterprises and made solid progress in our European and North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . We have strengthened our relationship with our strategic partner, The Coca-Cola Company, enabling us to build brand equity and improve operational efficiency and marketplace execution," said Mr. Kline. "We have enhanced our offerings to customers and consumers through innovation in new beverages and packaging. Our senior leadership team has shown great creativity and a willingness to embrace change as a means to continually improve our business and create sustainable profitable growth and greater value for our shareowners." As executive chairman, Mr. Kline will continue to have management responsibility of certain corporate functions, and he and Mr. Alm will remain partners in developing the long-term strategic business plans for the Company. "Lowry and I continue to take a hard look at improving our operational approach and our entire business to meet the changing needs of our customers and consumers," said Mr. Alm. Mr. Alm, 57, has been chief operating officer of Coca-Cola Enterprises since October 1999 and president since January 2000. Prior to that, he was executive vice president and principal operating officer from April 1999 to October 1999; executive vice president and chief financial officer from October 1997 until April 1999; and senior vice president and chief financial officer from December 1991 to October 1997. He has been a member of Coca-Cola Enterprises Board of Directors since 2001. Mr. Kline, 63, has been chief executive officer of Coca-Cola Enterprises since April 2001, and chairman of the Board of Directors since April 2002. Prior to being elected chief executive officer, he was elected vice chairman of the Board in April 2000, and served as Chief Administrative Officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive of Coca-Cola Enterprises beginning in April 1999. Mr. Kline became General Counsel of Coca-Cola Enterprises in 1991. Coca-Cola Enterprises Inc. (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 ) 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 approximately 80 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, continental France, Great Britain, Luxembourg, Monaco, and the Netherlands. |
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