Coca-Cola Enterprises elects new director with alcohol-industry background
The Atlanta Journal-Constitution
The board of Coca-Cola Enterprises, the world's biggest bottler and distributor of Coca-Cola products, on Thursday elected Phoebe A. Wood to the board. Her term will start April 22, 2010. She will be up for election for a full three-year term one day later, at CCE's annual shareholders meeting. Wood was designated an independent director and was appointed to the board's affiliated transaction committee and audit committee.
CCE cited Wood's financial expertise in the beverage industry, as well as her investment experience. She is a principal at CompaniesWood, a consulting firm specializing in early stage investments. From 2001 to 2006, she was executive vice president and chief financial officer of Brown-Forman, a manufacturer and marketer of alcoholic beverages such as Jack Daniel's whiskey. She was vice chairman of Brown-Forman from 2006 to 2008.
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