CFO Nik Jhangiani to leave CCEP later this year to join Diageo

Coca-Cola Europacific Partners (CCEP) announces the resignation of Nik Jhangiani, SVP and Chief Financial Officer (CFO) with a search for his successor well underway.

Nik Jhangiani, CFO, has informed the Company of his intention to join Diageo plc as CFO later this year. CCEP expects to make an announcement about his successor in the near future, following a thorough search with strong candidates already identified. Nik will remain in role to ensure an orderly and effective transition.

Damian Gammell, CCEP CEO said, "I have been privileged to work closely with Nik for nearly a decade and I want to thank him for his outstanding contribution to CCEP and the wider Coca-Cola system. He has developed a strong team and we have great talent at CCEP who will continue to drive the fantastic business we have become today. I wish Nik the best in his new role, and I look forward to announcing his successor in the near future."

Nik Jhangiani, CCEP CFO said, "I have had an incredible time at CCEP and I am so proud of what we have achieved together. It has been a genuine privilege to work with so many talented and dedicated people across the business. I remain fully focused on delivering on our commitments whilst enabling an effective transition to my successor. I look forward to continuing to follow the company's success."