In a statement to the ASX, Coca-Cola Amatil said the closure of the Thebarton facility would deliver the company a further million in cost savings from 2020.
That is on top of the company's attempts to save 0 million over the next three years in its Australian beverages arm.
The company's Australian division managing director Barry O'Connell said the state's payroll tax and power prices did not play a big part in the decision to close the factory.
Also, Chief Information Officer Barry Simpson will be elevated to report directly to the CEO "to increase visibility and focus on efforts to digitize all aspects of the company's business," Coca-Cola said. de Quinto was a staunch defender of TV advertising and believed in spreading work among numerous roster agencies rather than relying on a single agency-of-record for each brand in the company's vast beverage portfolio.Sales volumes of regular Coke dipped 1.3% in the U. 2 Pepsi, whose volumes plummeted by 3.8%, according to Beverage-Digest. Quincey has signaled an intent to keep broadening Coca-Cola's beverage portfolio beyond its flagship cola brand."The Coca-Cola Company has grown to be bigger than brand Coca-Cola," he said in February at the Consumer Analyst Group of New York conference, according to a summary posted on the company's web site.Crespo's] leadership team," adding that "decisions about who will fill the key roles in this team will be made in the coming months as [Mr.Crespo] assumes his new role." "We are moving quickly to structure our organization for faster growth and to ensure we can respond to the fast-changing needs of our consumers, customers, system and associates around the world," Mr.