MADRID, 3 May. (EUROPA PRESS) -

Coca-Cola Europacific Partners (CCEP) announced this Friday the resignation of its senior vice president and chief financial officer (CFO), Nik Jhangiani, who will be replaced by the company in the "near future", once he completes the search process for a new CFO launched by the company.

Jhangiani has informed CCEP of his intention to join Diageo as financial director at the end of this year, so that he will temporarily remain in his position to guarantee "an orderly and effective transition", as the company has indicated to the National Commission of the Stock Market (CNMV).

"CCEP expects to make an announcement about his successor in the near future, after an exhaustive search with strong candidates already identified," the Coca-Cola bottler stressed.

Damian Gammell, CEO of CCEP, thanked Jhangiani for his "extraordinary contribution" to the company during the almost ten years in which they have worked together. "We have great talent at CCEP who will continue to drive the fantastic business we have become today," he added.

For his part, Jhangiani highlighted the "authentic privilege" of working at CCEP. "I remain fully focused on delivering on our commitments and facilitating an effective transition to my successor," he concluded.