Objectives Of Coca Cola Company
Company Introduction
Coca-Cola Amatil Limited (ASX: CCL) is a beverages and food company, which was originally part of the British Tobacco Company (formed in 1904) before buying a controlling interest in Coca-Cola Bottlers in the mid-1960s. In the late 1980s, The Coca-Cola Company (NYSE: KO) became a major shareholder (30 per cent) and remains so today.
The company manufactures, distributes and markets carbonated and non-carbonated beverages. The key products of the company consists of carbonated soft drinks, still and mineral waters, sports drinks, iced teas, fruit juices, flavored milk, packaged ready-to-eat fruit and vegetable products and alcoholic beverages. It also produces and markets bottled water brand Mount Franklin and sports beverage brand PowerAde Isotonic. CCA undertakes sales and distribution of premium spirits with the help of partnership with Beam Global Wines and Spirits. CCA operates in Australia, Indonesia, Fiji, New Zealand and Papua New Guinea. The company is headquartered in Sydney, New South Wales Australia.
Corporate Governance
The majority of Coca-Cola Amatil’s (CCA) Board comprises of independent Non-Executive Directors. The company’s Chairman is a Non-Executive Director while the Group Managing Director is an Executive Director. It is the policy of the company that one third of Board members, other than the Managing Director, retire at each Annual General Meeting. However, they can stand for re-election.
The Chief Executive Officer
Alison
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