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 7.5 years. total yearly compensation is €6.78M, comprised of 13.7% salary and 86.3% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $28.76M. The average tenure of the management team and the board of directors is 4.4 years and 5.5 years respectively.
Key information
Zoran Bogdanovic
Chief executive officer
€6.8m
Total compensation
| CEO salary percentage | 13.66% |
| CEO tenure | 7.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.4yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | €7m | €926k | €821m |
| Sep 30 2024 | n/a | n/a | €727m |
| Jun 28 2024 | n/a | n/a | €632m |
| Mar 28 2024 | n/a | n/a | €634m |
| Dec 31 2023 | €5m | €875k | €637m |
| Sep 30 2023 | n/a | n/a | €642m |
| Jun 30 2023 | n/a | n/a | €648m |
| Mar 31 2023 | n/a | n/a | €532m |
| Dec 31 2022 | €4m | €832k | €415m |
| Sep 30 2022 | n/a | n/a | €441m |
| Jul 01 2022 | n/a | n/a | €467m |
| Apr 01 2022 | n/a | n/a | €507m |
| Dec 31 2021 | €4m | €807k | €547m |
| Sep 30 2021 | n/a | n/a | €536m |
| Jul 02 2021 | n/a | n/a | €524m |
| Apr 02 2021 | n/a | n/a | €469m |
| Dec 31 2020 | €3m | €790k | €415m |
| Sep 30 2020 | n/a | n/a | €416m |
| Jun 26 2020 | n/a | n/a | €416m |
| Mar 26 2020 | n/a | n/a | €452m |
| Dec 31 2019 | €2m | €777k | €488m |
| Sep 30 2019 | n/a | n/a | €457m |
| Jun 28 2019 | n/a | n/a | €426m |
| Mar 28 2019 | n/a | n/a | €437m |
| Dec 31 2018 | €4m | €750k | €447m |
Compensation vs Market: Zoran's total compensation ($USD7.79M) is below average for companies of similar size in the US market ($USD14.07M).
Compensation vs Earnings: Zoran's compensation has increased by more than 20% in the past year.
CEO
Zoran Bogdanovic (53 yo)
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 |
|---|---|---|---|---|
| CEO & Executive Director | 7.5yrs | €6.78m | 0.15% $ 28.8m | |
| Group Chief Financial Officer | 1.1yrs | no data | 0.00091% $ 172.0k | |
| Group Chief Operating Officer | 4.8yrs | no data | 0.029% $ 5.6m | |
| Chief Digital & Technology Officer | no data | no data | 0.017% $ 3.2m | |
| Chief Corporate Development Officer | 23.8yrs | no data | 0.048% $ 9.1m | |
| Chief People & Culture Officer | 1.8yrs | no data | 0.0055% $ 1.0m | |
| Chief Supply Chain Officer | 3.4yrs | no data | 0.0081% $ 1.5m | |
| Chief Corporate Affairs & Sustainability Officer | 10.4yrs | no data | 0.31% $ 59.5m | |
| Head of Shareowner Services | no data | no data | no data | |
| Group Chief Customer & Commercial Officer | 4.1yrs | no data | 0.0065% $ 1.2m | |
| Head of Sales Capability | no data | no data | no data | |
| Country General Manager of Russia | no data | no data | 0.012% $ 2.3m |
Experienced Management: CCHB.F's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7yrs | €6.78m | 0.15% $ 28.8m | |
| Chairman Emeritus | 9yrs | no data | no data | |
| Non-Executive Director | 11yrs | €82.00k | no data | |
| Non-Executive Chairman | 18.9yrs | €150.00k | no data | |
| Independent Non-Executive Director | 1.1yrs | €60.04k | no data | |
| Non-Executive Director | 2.1yrs | €82.00k | 0.21% $ 39.4m | |
| Non-Executive Director | 11yrs | €95.00k | 0.80% $ 150.6m | |
| Non-Executive Director | less than a year | no data | no data | |
| Non-Executive Director | 4yrs | €88.57k | no data | |
| Senior Independent Director | 8yrs | €104.75k | 0.00038% $ 71.8k | |
| Independent Non-Executive Director | 1.1yrs | €64.85k | no data | |
| Non-Executive Director | 2.1yrs | €88.50k | no data |
Experienced Board: CCHB.F's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/23 20:31 |
| End of Day Share Price | 2025/06/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Coca-Cola HBC AG is covered by 49 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Antonis Diapoulis | Alpha Finance Investment Services S.A. |
| Nikos Katsenos | Alpha Finance Investment Services S.A. |
| Alexandra Oldroyd | Barclays |