Coca-Cola HBC Management

Management criteria checks 3/4

Coca-Cola HBC's CEO is Zoran Bogdanovic, appointed in Dec 2017, has a tenure of 6.58 years. directly owns 0.12% of the company’s shares, worth £11.56M. The average tenure of the management team and the board of directors is 3.5 years and 7.6 years respectively.

Key information

Zoran Bogdanovic

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6.6yrs
CEO ownership	0.1%
Management average tenure	3.5yrs
Board average tenure	7.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Zoran Bogdanovic's remuneration changed compared to Coca-Cola HBC's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	€637m
Sep 30 2023	n/a	n/a	€642m
Jun 30 2023	n/a	n/a	€648m
Mar 31 2023	n/a	n/a	€532m
Dec 31 2022	€4m	€832k	€415m
Sep 30 2022	n/a	n/a	€441m
Jul 01 2022	n/a	n/a	€467m
Apr 01 2022	n/a	n/a	€507m
Dec 31 2021	€4m	€807k	€547m
Sep 30 2021	n/a	n/a	€536m
Jul 02 2021	n/a	n/a	€524m
Apr 02 2021	n/a	n/a	€469m
Dec 31 2020	€3m	€790k	€415m
Sep 30 2020	n/a	n/a	€416m
Jun 26 2020	n/a	n/a	€416m
Mar 26 2020	n/a	n/a	€452m
Dec 31 2019	€2m	€777k	€488m
Sep 30 2019	n/a	n/a	€457m
Jun 28 2019	n/a	n/a	€426m
Mar 28 2019	n/a	n/a	€437m
Dec 31 2018	€4m	€750k	€447m
Sep 30 2018	n/a	n/a	€449m
Jun 29 2018	n/a	n/a	€451m
Mar 29 2018	n/a	n/a	€439m
Dec 31 2017	€699k	€58k	€426m

Compensation vs Market: Insufficient data to establish whether Zoran's total compensation is reasonable compared to companies of similar size in the UK market.

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

CEO

Zoran Bogdanovic (52 yo)

6.6yrs

Tenure

€4,073,000

Compensation

Mr. Zoran Bogdanovic has been the Chief Executive Officer of Coca-Cola HBC AG since December 7, 2017 and has been its Executive Director since June 11, 2018. Mr. Bogdanovic was a Region Director of Bosnia...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Zoran Bogdanovic	CEO & Executive Director	6.6yrs	€4.07m	0.12% € 11.8m
Naya Kalogeraki	Group Chief Operating Officer	3.8yrs	no data	0.025% € 2.4m
Jan Gustavsson	Chief Corporate Development Officer	22.9yrs	no data	0.045% € 4.4m
Marcel Martin	Chief Corporate Affairs & Sustainability Officer	9.5yrs	no data	0.32% € 30.9m
Anastasis Stamoulis	Group Chief Financial Officer	less than a year	no data	no data
Mourad Ajarti	Chief Digital & Technology Officer	no data	no data	0.021% € 2.0m
John Dawson	Head of Investor Relations	no data	no data	no data
Ebru Ozgen	Chief People & Culture Officer	less than a year	no data	0.0021% € 200.1k
Ivo Bjelis	Chief Supply Chain Officer	2.5yrs	no data	0.0022% € 215.7k
Maria Livaniou	Head of Shareowner Services	no data	no data	no data
Barbara Tonz	Group Chief Customer & Commercial Officer	3.2yrs	no data	0.00098% € 95.6k
Stuart Ward	Head of Sales Capability	no data	no data	no data

3.5yrs

Average Tenure

53.5yo

Average Age

Experienced Management: CCHL's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Zoran Bogdanovic	CEO & Executive Director	6.1yrs	€4.07m	0.12% € 11.8m
George David	Chairman Emeritus	8.1yrs	no data	no data
William Douglas	Independent Non-Executive Director	8.1yrs	€114.00k	0.0027% € 268.4k
Reto Francioni	Senior Independent Non-Executive Director	8.1yrs	€126.62k	0.0019% € 187.4k
Christodoulos Leventis	Non-Executive Director	10.1yrs	€82.00k	no data
Anastassis David	Non-Executive Chairman	18yrs	€150.00k	no data
George-Pavlos Leventis	Non-Executive Director	1.2yrs	no data	no data
Anastasios Leventis	Non-Executive Director	10.1yrs	€95.00k	no data
Anna Diamantopoulou	Independent Non-Executive Director	4.1yrs	€109.65k	no data
Henrique Braun	Non-Executive Director	3.1yrs	€88.59k	no data
Charlotte Boyle	Independent Non-Executive Director	7.1yrs	€101.50k	0.00028% € 27.3k
Evguenia Stoitchkova	Non-Executive Director	1.2yrs	no data	no data

7.6yrs

Average Tenure

56yo

Average Age

Experienced Board: CCHL's board of directors are considered experienced (7.6 years average tenure).

Coca-Cola HBC Management

Management criteria checks 3/4

Key information

Recent management updates

Coca-Cola HBC AG, Annual General Meeting, May 21, 2024

Coca-Cola HBC AG Announces Appointment of Anastasis Stamoulis as Group CFO

Coca-Cola Hbc Ag Announces Resignation of Ben Almanzar as Chief Financial Officer

Insider recently sold UK£778k worth of stock

Insider recently sold UK£492k worth of stock

CEO & Executive Director recently sold UK£152k worth of stock

Recent updates

Upcoming dividend of €0.93 per share

Coca-Cola HBC AG Reiterates Earnings Guidance for the Year 2024

Dividend of €0.93 announced

Coca-Cola HBC AG to Report Q1, 2024 Results on Apr 30, 2024

Coca-Cola HBC AG, Annual General Meeting, May 21, 2024

Full year 2023 earnings released: EPS: €1.73 (vs €1.13 in FY 2022)

Full year 2023 earnings released: EPS: €1.73 (vs €1.13 in FY 2022)

Coca-Cola HBC AG Provides Earnings Guidance for the Year 2024

Coca-Cola HBC AG Announces Appointment of Anastasis Stamoulis as Group CFO

Coca-Cola HBC AG to Report First Half, 2024 Results on Aug 07, 2024

Coca-Cola Hbc Ag Announces Resignation of Ben Almanzar as Chief Financial Officer

New minor risk - Insider selling

Coca-Cola HBC AG (LSE:CCH) announces an Equity Buyback.

Coca-Cola HBC AG (LSE:CCH) announces an Equity Buyback.

Coca-Cola HBC AG to Report Fiscal Year 2023 Results on Feb 14, 2024

First half 2023 earnings released: EPS: €1.05 (vs €0.42 in 1H 2022)

Insider recently sold UK£778k worth of stock

Upcoming dividend of €0.78 per share at 2.7% yield

Insider recently sold UK£492k worth of stock

Full year 2022 earnings released: EPS: €1.13 (vs €1.50 in FY 2021)

CEO & Executive Director recently sold UK£152k worth of stock

Full year 2022 earnings released: EPS: €1.13 (vs €1.50 in FY 2021)

Coca-Cola HBC AG Provides Earnings Guidance for the Full Year 2022

Coca-Cola HBC AG to Report Fiscal Year 2022 Results on Feb 14, 2023

First half 2022 earnings released

Coca-Cola HBC AG Provides Earnings Guidance for the Year 2022

Coca-Cola HBC AG Provides Earnings Guidance for the Year 2022

Ideal Group in Discussions for Potential Sale of Its 100% Stake in Three Cents

Upcoming dividend of €0.71 per share

Coca-Cola HBC AG Approves Dividend, Payable on August 2, 2022

Coca-Cola HBC AG Proposes Dividend, Payable on 2 August 2022

Coca-Cola HBC AG, Annual General Meeting, Jun 21, 2022

Coca-Cola Hbc Ag Announces Ukraine and Russia Conflict Update

Investor sentiment deteriorated over the past week

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

Coca-Cola HBC AG Proposes Dividend for the Year 2021

Coca-Cola HBC AG to Report First Half, 2022 Results on Aug 11, 2022

Now 22% undervalued

Country General Manager for Italy recently sold UK£205k worth of stock

General Counsel recently sold UK£678k worth of stock

First half 2021 earnings released: EPS €0.64 (vs €0.34 in 1H 2020)

Upcoming dividend of €0.64 per share

Non-Executive Director Alfredo Rivera has left the company

Non-Executive Director Jose Octavio Reyes Lagunes has left the company

Coca-Cola HBC AG to Resolve Dividend, Payable on 3 August 2021

Full year 2020 earnings released: EPS €1.14 (vs €1.34 in FY 2019)

Full year 2020 earnings released: EPS €1.14 (vs €1.34 in FY 2019)

Revenue misses expectations

New 90-day high: UK£23.90

New 90-day high: UK£22.89

Coca-Cola HBC AG to Report Fiscal Year 2020 Results on Feb 11, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age