Coca-Cola Consolidated appoints Scott Anthony as its new CFO

Coca-Cola Consolidated, the largest Coke bottler in the US, has appointed former Ventura Foods chief financial officer (CFO) Scott Anthony as its new executive vice-president and CFO, effective from 31 December 2018.

Anthony will succeed Dave Katz, as Katz will assume his new role as the company’s new president and COO on the same date.

Anthony will join the company on 30 November, and will serve as senior vice-president and treasurer before assuming his position as the company’s new CFO.

Prior to joining Ventura Foods in 2011, Anthony spent 21 years with Coca-Cola Enterprises and held a variety of roles during this time, most notably serving as the vice-president, and CFO of the company’s North American operations.

Frank Harrison, Coca-Cola Consolidated chairman and CEO said: “We are very pleased to welcome Scott Anthony to the Coca-Cola Consolidated team.

“Scott’s wealth of experience and proven leadership – both in the food and beverage manufacturing industry and in the Coca-Cola System – will serve our Company well as our business moves into the future.”

This appointment follows a strong financial quarter for the company, as it reported sales of $1.23 billion in its second-quarter results, up nearly 5% on the same period last year.

The company claimed that the implementation of several “productivity actions” had helped it achieve these results, and said that that further initiatives would take place in the second half of the year to build upon this performance.