Coca Cola boss to leave in 18 months

Coca-Cola Amatil says its managing director will retire in just under a year-and-a-half.

In a statement to the Australian Securities Exchange, the company says Terry Davis will step down at the end of August next year.

Coca-Cola Amatil says the board will start searching for his replacement in the coming months and expects to look at both internal and external applicants.

Source: ABC News, 18 March 2013