This morning shares of beverage giant Coca-Cola Amatil Ltd (ASX: CCL) opened 1% higher following the company's appointment of a new Chief Financial Officer, Martyn Roberts.
Mr Roberts has over 20 years' experience in senior finance roles, most recently as Finance Director of Woolworths Limited's (ASX: WOW) supermarkets division.
Prior to his time at Woolworths, Mr Roberts spent nine years as CFO of French fashion giant, Louis Vuitton.
Coca-Cola Amatil's Managing Director, Alison Watkins said, "I am delighted that Martyn will be joining the team at CCA. Martyn is a highly credentialed executive with broad experience in general management and in leading finance and corporate strategy, both in Australia and offshore."
Ms Watkins added, "He has a strong track record of success in corporate finance, commercial management, strategy development and driving performance improvement."
Mr Roberts will join Australia's bottler and distributor of Coca-Cola and Beam branded products during its third quarter, later in 2015.
It comes at a time when the Coca-Cola Amatil is seeking to revive its local beverage business and capitalise on its flagship growth prospect: Indonesia.
A promise by Ms Watkins to return to sustainable profit growth in the short-term means now could be a great time to snap up some Coca-Cola Amatil shares for your portfolio.
