GrainCorp CEO leaves for Coca-Cola

GrainCorp's CEO has resigned from her position to take up the top job at Coca-Cola Amatil.

Chief executive officer and managing director of GrainCorp Ltd Alison Watkins will resign from her position to take up the top job at Coca-Cola Amatil Ltd just days after Treasurer Joe Hockey blocked American company Archer Daniels Midland's $3.4 billion takeover offer for the Australian grains group.

In a statement to the Australian Securities Exchange, Coca-Cola Amatil said Ms Watkins is expected to join CCA as group managing director on March 3, 2014.

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