FDBusiness.com

The Coca-Cola Company Announces New International Structure

 Breaking News
  • Ardgowan Unveils Plans For Inverclyde Distillery Ardgowan Distillery has revealed ambitious designs for its new £12 million distillery which is being built on the Ardgowan Estate near Inverkip, 30 miles west of Glasgow. The plans showcase the flagship building which has just secured revised planning consent from Inverclyde Council. The striking new design, by Michael Laird Architects, brings a number of improvements [...]...
  • HKScan Launches Exports of Finnish Poultry Products to Sweden HKScan, the Nordic food and meat group, has started exporting Finnish poultry products to Sweden. They will initially be sold through the largest retailer ICA’s outlets under the Karinäs®(Kariniemen®) brand. The launch gives Swedish consumers access to a new innovation: high welfare farm-born poultry that is hatched on the farm where it is raised. This new concept is [...]...
  • Almonds Retain Top Spot For Nut Introductions in Europe According to Innova Market Research’s latest Global New Product Introductions Report, almonds retain the number one spot for nut introductions in Europe. With a 47% share of global almond product introductions, the region leads globally for the eleventh year running. Europe as a whole saw a total of 5,017 new introductions with almonds – a [...]...
  • Arla Foods UK Launches New Standards Model to Bring Sustainable Change to Dairy Farming With ongoing volatility in the global milk markets, increasing consumer misunderstanding of the sector, polarised levels of support for UK dairy farmers and a new post-Brexit Agriculture Bill the challenges for dairy farmers are mounting. Farmer-owned co-operative Arla Foods has launched ‘Arla UK 360’ – a new standard in UK dairy farming. The Arla UK 360 [...]...
  • €172 Million to Promote EU Agri-food Products In and Outside the EU The European Commission will provide funding of €172.5 million from the EU agricultural budget to promote EU agri-food products in Europe and across the world. 79 campaigns, covering a wide range of products such as dairy products, olives and olive oil, and fruit and vegetables, will be rolled out over the next three years. Agriculture and [...]...

The Coca-Cola Company Announces New International Structure

The Coca-Cola Company Announces New International Structure
May 26
12:49 2016

The Coca-Cola Company has unveiled a new streamlined international structure to better align its operating units against its global bottling footprint and to promote and develop key Coca-Cola leaders.

President and Chief Operating Officer James Quincey explains: “As we continue to implement our five strategic actions for growth, it is critical that our organizational structure enables the speed, agility and inspirational leadership that are necessary to win today and in the future. The changes we are announcing today streamline our international structure, and reflect strong talent succession and a commitment to developing the next generation of leaders at our company.”

International operating structure and leadership changes will largely be effective from August 1st.

Europe, Middle East and Africa Group

As part of the changes, the company will form a Europe, Middle East and Africa (EMEA) Group, consisting of the business units that currently make up the Europe and the Eurasia and Africa Groups.

CocaColaEnterprisesWakefieldProductionLineCompressedIn Europe, the Central and Southern Europe and Russia, Ukraine and Belarus business units will be combined into a new business unit – Central and Eastern Europe – to better support the bottling footprint in that region.

In Africa, two business units will be reconfigured to more closely align operations with bottling operations on the continent, with the formation of a new South and East Africa business unit and a West Africa business unit.

Brian Smith, currently president of the company’s Latin America Group, will become President, EMEA Group, reporting to James Quincey. Brian Smith is a 19-year Coca-Cola veteran who has a proven track record of driving business results, developing and exporting talent and providing strong franchise leadership across Latin America, including past roles as Division President of Brazil and Business Unit President for Mexico.

Smith’s leadership team will include:

* Dan Sayre, who will continue as President, Western Europe;

* Nikos Koumettis, who will expand his existing role to become President, Central and Eastern Europe;

* Kelvin Balogun, currently President Central, East and West Africa (CEWA), who will become President, South and East Africa;

* Zoran Vucinic, currently President, Russia, Ukraine and Belarus, who will become President, Middle East and North Africa;

* Galya Molinas, who will continue in her role as President, Turkey, Caucasus and Central Asia; and

* Peter Njonjo, currently General Manager of the East Africa Franchise in CEWA, who will become president of the new West Africa Business Unit.

As the new EMEA Group is created, Nathan Kalumbu, currently President, Eurasia and Africa Group, will focus on key initiatives across the Africa business, including the Africa bottler consolidation, as well as serve on a number of boards, until he retires from the company effective Dec. 31, 2016.

Latin America Group

CocaColaLineAfricaIn Latin America, Alfredo Rivera, currently President of the Latin Center Business Unit, will become President, Latin America Group, reporting to James Quincey. Alfredo Rivera is a 19-year veteran of the Coca-Cola system who has held both company and bottler leadership positions throughout his career in Mexico, Guatemala, El Salvador, Brazil and Ecuador.  While President of the Latin Center Business Unit, his team has qualified for the company’s top internal business unit award, The Woodruff Cup, for the last three years, and was awarded the prestigious prize in 2014.

Rivera’s leadership team will include:

* Francisco Crespo, who will continue as President, Mexico;

* Henrique Braun, currently President, Greater China and Korea, who will become President, Brazil, effective Sept. 1;

* Therese Gearhart, currently President, Southern Africa, who will succeed Rivera as President, Latin Center;

* Joao Marcelo Ramires, currently Vice President – Franchise Operations, Brazil, who will become President, South Latin; and

* Xiemar Zarazua, currently President, Brazil, who will become Vice President, Strategic Ventures for Latin America, effective Sept. 1.

CocaColaGBCokeCansMasterbrandAsia Pacific Group

John Murphy, currently President of the South Latin Business Unit, will become President, Asia Pacific Group, reporting to James Quincey. John Murphy has held senior company and bottling roles in a number of markets during his 28-year career, including Japan, Singapore, Indonesia and North America, in addition to roles in Latin America.

Murphy’s leadership team will include:

* Curt Ferguson, currently President, Middle East and North Africa, who will become President, Greater China and Korea effective Sept. 1;

* Iain McLaughlin, who will continue as President, ASEAN;

* Tim Brett, who will continue as President, Japan;

* Roberto Mercade; who will continue as President, South Pacific; and

* Venkatesh Kini, who will continue as President, India and Southwest Asia.

Atul Singh, currently President of the Asia Pacific Group, will transition to the role of Chairman, Asia Pacific Group. Atul Singh will continue to focus on managing a number of key stakeholders, government relations, key merger and acquisition initiatives, as well as continuing to serve on a number of boards, until March 2017 when he will retire from the company.

The company’s Bottling Investments and North America groups are not impacted by the restructuring.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 21, 2018Int'l Food Products Exhibition (Sial)
  • October 25, 2018Italian Espresso Coffee Show (TriestEspresso Expo)
  • October 25, 2018Finnish Food Fair
  • October 31, 2018Int'l exhibition for food products and equipment (Indagra Food)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements