Coca-Cola Amatil CFO and SPC Managing Director step down


Coca Cola Amatil’s Chief Financial Officer and the Managing Director of the company’s SPC subsidiary will leave the company.

Image credit: flickr User: Daniel Go
Image credit: flickr User: Daniel Go

CCA’s CFO Nessa O’Sullivan is set to leave in February this year, but will assist as required until the end of May.

“I am very grateful for Nessa’s support during my first year as Group MD at CCA and the continuity she provided. She particularly played strong leadership roles in our 2014 Strategic Review and the negotiation of the proposed investment by The Coca-Cola Company in CCA’s Indonesian business,” said CCA Group Managing Director Alison Watkins in an ASX Announcement.

SPC’s Managing Director Peter Kelly will leave at the end of March, after spending over 25 years with the company.

“Peter took on the challenge to turnaround SPC two years ago and I am delighted with the job he’s done. He has restored the confidence of consumers, customers and shareholders in this wonderful Australian company and leaves a strong leadership team who are well positioned to continue the positive momentum of SPC,” Ms Watkins said.

“The CCA Board has highly valued both Ms O’Sullivan and Mr Kelly for their professionalism, integrity and commitment to the success of the Company. On behalf of the Board, I thank them and wish them well for the future,” said CCA Chairman Mr David Gonski.

Ms Watkins added that successors to their roles will be announced in the near future.