Coca-Cola Europacific Partners Management

Management criteria checks 3/4

Coca-Cola Europacific Partners' CEO is Damian Gammell, appointed in Dec 2016, has a tenure of 7.42 years. total yearly compensation is €14.18M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €38.90M. The average tenure of the management team and the board of directors is 6 years and 6.8 years respectively.

Key information

Damian Gammell

Chief executive officer

€14.2m

Total compensation

CEO salary percentage	10.1%
CEO tenure	7.4yrs
CEO ownership	0.1%
Management average tenure	6yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Damian Gammell's remuneration changed compared to Coca-Cola Europacific Partners's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€14m	€1m	€2b
Sep 30 2023	n/a	n/a	€2b
Jun 30 2023	n/a	n/a	€2b
Mar 31 2023	n/a	n/a	€2b
Dec 31 2022	€14m	€1m	€2b
Sep 30 2022	n/a	n/a	€1b
Jul 01 2022	n/a	n/a	€1b
Apr 01 2022	n/a	n/a	€1b
Dec 31 2021	€9m	€1m	€982m
Sep 30 2021	n/a	n/a	€799m
Jul 02 2021	n/a	n/a	€616m
Apr 02 2021	n/a	n/a	€557m
Dec 31 2020	€6m	€1m	€498m
Sep 30 2020	n/a	n/a	€603m
Jun 26 2020	n/a	n/a	€708m
Mar 26 2020	n/a	n/a	€899m
Dec 31 2019	€9m	€1m	€1b
Sep 30 2019	n/a	n/a	€933m
Jun 28 2019	n/a	n/a	€1b
Mar 28 2019	n/a	n/a	€1b
Dec 31 2018	€4m	€1m	€909m
Sep 28 2018	n/a	n/a	€714m
Jun 29 2018	n/a	n/a	€660m
Mar 30 2018	n/a	n/a	€665m
Dec 31 2017	€4m	€1m	€688m

Compensation vs Market: Damian's total compensation ($USD15.27M) is above average for companies of similar size in the Spanish market ($USD2.98M).

Compensation vs Earnings: Damian's compensation has been consistent with company performance over the past year.

CEO

Damian Gammell (53 yo)

7.4yrs

Tenure

€14,182,318

Compensation

Mr. Damian Paul Gammell has been the Chief Operating Officer at Coca-Cola Refreshments USA, Inc. since January 30, 2016. Mr. Gammell has been the Chief Executive Officer of Coca-Cola Europacific Partners P...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Damian Gammell	CEO & Executive Director	7.4yrs	€14.18m	0.13% € 38.9m
Manik Jhangiani	Chief Financial Officer	10.5yrs	no data	0.048% € 14.8m
Peter Brickley	Chief Information Officer	7.5yrs	no data	no data
Sarah Willett	Vice President of Investor Relations	no data	no data	no data
Clare Wardle	General Counsel & Company Secretary	7.8yrs	no data	no data
Ana Callol	Chief Public Affairs	2.3yrs	no data	no data
Veronique Vuillod	Chief People & Culture Officer	3.5yrs	no data	no data
Stephen Lusk	Chief Commercial Officer	3.2yrs	no data	no data
Jose Echeverria	Chief Customer Service & Supply Chain Officer	4.7yrs	no data	no data

6.0yrs

Average Tenure

57yo

Average Age

Experienced Management: CCEP's management team is seasoned and experienced (6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Damian Gammell	CEO & Executive Director	7.4yrs	€14.18m	0.13% € 38.9m
Thomas Johnson	Senior Independent Director	8yrs	€209.01k	0.0030% € 931.9k
John Bryant	Independent Non-Executive Director	3.3yrs	€168.59k	0.00073% € 223.8k
Jose Ignacio Sanchez-Real	Non-Executive Director	8yrs	€130.48k	no data
Mark Price	Independent Non-Executive Director	5yrs	€146.65k	no data
Dagmar Kollmann	Independent Non-Executive Director	5yrs	€172.05k	no data
Soledad Daurella Comadran	Non-Executive Chairman of the Board	8yrs	€714.77k	no data
Alfonso Daurella	Non-Executive Director	8yrs	€122.40k	no data
Mario Sola	Non-Executive Director	8yrs	€153.58k	no data
Alvaro Aguilar	Non-Executive Director	6.2yrs	€113.16k	no data
Dessislava Temperley	Independent Non-Executive Director	4yrs	€148.96k	no data
Nathalie Gaveau	Independent Non-Executive Director	5.3yrs	€137.41k	no data

6.8yrs

Average Tenure

60.5yo

Average Age

Experienced Board: CCEP's board of directors are considered experienced (6.8 years average tenure).

Coca-Cola Europacific Partners Management

Management criteria checks 3/4

Key information

Recent management updates

Coca-Cola Europacific Partners plc Announces Resignation of Nik Jhangiani as Chief Financial Officer

Coca-Cola Europacific Partners PLC, Annual General Meeting, May 22, 2024

Coca-Cola Europacific Partners plc Announces Board Changes

Coca-Cola Europacific Partners plc Announces Appointment of Directors

Coca-Cola Europacific Partners PLC, Annual General Meeting, May 27, 2022

Board Member recently bought €166k worth of stock

Recent updates

Coca-Cola Europacific Partners plc Announces Resignation of Nik Jhangiani as Chief Financial Officer

Final dividend of US$0.79 announced

Coca-Cola Europacific Partners PLC Re-Affirms Earnings Guidance for the Fiscal Year 2024

Coca-Cola Europacific Partners PLC to Report First Half, 2024 Results on Aug 07, 2024

Coca-Cola Europacific Partners PLC, Annual General Meeting, May 22, 2024

Now 22% undervalued

Full year 2023 earnings released: EPS: €3.64 (vs €3.30 in FY 2022)

Coca-Cola Europacific Partners PLC to Report Fiscal Year 2023 Final Results on Mar 15, 2024

Coca-Cola Europacific Partners plc Announces Board Changes

Now 20% undervalued after recent price drop

Coca-Cola Europacific Partners PLC to Report Q4, 2023 Results on Feb 20, 2024

Coca-Cola Europacific Partners PLC Declares Second Half Interim Dividend, Payable on 5 December 2023

Now 22% undervalued after recent price drop

Now 20% undervalued

Coca-Cola Europacific Partners PLC (ENXTAM:CCEP) and Aboitiz Equity Ventures, Inc. (PSE:AEV) agreed to acquire Coca-Cola Beverages Philippines, Inc. from The Coca-Cola Company (NYSE:KO) for $1.8 billion.

First half 2023 earnings released: EPS: €1.87 (vs €1.46 in 1H 2022)

Coca-Cola Europacific Partners PLC (ENXTAM:CCEP) and Aboitiz Equity Ventures, Inc. (PSE:AEV) agreed to acquire Coca-Cola Beverages Philippines, Inc. from The Coca-Cola Company (NYSE:KO) for $1.8 billion.

Coca-Cola Europacific Partners plc Announces Appointment of Directors

Upcoming dividend of US$0.74 per share at 2.2% yield

Full year 2022 earnings released: EPS: €3.30 (vs €2.15 in FY 2021)

Full year 2022 earnings released: EPS: €3.30 (vs €2.15 in FY 2021)

Coca-Cola Europacific Partners PLC (ENXTAM:CCEP) acquired the remaining 29.4% stake in PT. Coca-Cola Bottling Indonesia from Coca-Cola Beverages Asia Holdings SARL for €282 million .

Coca-Cola Europacific Partners PLC to Report Fiscal Year 2022 Final Results on Mar 17, 2023

Coca-Cola Europacific Partners PLC Revises Earnings Guidance for the Full Year 2022

Coca-Cola Europacific Partners PLC to Report Fiscal Year 2022 Results on Feb 16, 2023

First half 2022 earnings released

Upcoming dividend of US$0.59 per share

Coca-Cola Europacific Partners plc Declares First Half Interim Dividend, Payable on May 26, 2022

Coca-Cola Europacific Partners PLC, Annual General Meeting, May 27, 2022

Board Member recently bought €166k worth of stock

Independent Non-Executive Director recently bought €270k worth of stock

CEO & Director recently bought €913k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Independent Non-Executive Director recently bought €844k worth of stock

First half 2021 earnings released: EPS €0.54 (vs €0.28 in 1H 2020)

Coca-Cola Europacific Partners PLC Not Provides Guidance for the Full Year 2021

Coca-Cola European Partners plc Unable to Provide Guidance for the Fiscal 2021

Full year 2020 earnings released: EPS €1.09 (vs €2.34 in FY 2019)

Revenue misses expectations

New 90-day high: €42.30

New 90-day high: €39.75

New 90-day low: €30.55

Coca-Cola European Partners plc to Report Fiscal Year 2020 Results on Feb 11, 2021

Coca-Cola European Partners plc (ENXTAM:CCEP) entered into a non-binding heads of terms and cooperation letter to acquire 30.81% stake in Coca-Cola Amatil Limited (ASX:CCL) from Coca-Cola Holdings (Overseas) Limited for AUD 2.3 billion.

New 90-day low: €32.35

New 90-day low: €32.65

New 90-day low - €33.30

Innova Energy Limited signed a power purchase agreement to acquire Solar power plant in Wakefield, West Yorkshire, England, UK from Coca-Cola European Partners plc (ENXTAM : CCEP).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age