FDBusiness.com

The Coca-Cola Company Announces Senior Leadership Succession Plan

 Breaking News
  • Ishida X-ray Flexibility Ensures Premium Product Quality Ishida X-ray inspection technology is helping to maintain the premium quality reputation of one of Russia’s most popular traditional snack brands. The ‘ROSTRAGROEXPORT’ company was founded by Mr Boris Aleksandrov in 1995, who spotted a niche in the Russian food market for a good quality traditional curd snack.  Its ‘B.Y. Aleksandrov’ brand, named after the company’s [...]...
  • ‘Latte Levy’ – Coffee Drinkers Want to Go Green, But Price is a Barrier As the UK Government aims to eliminate avoidable waste with the announcement of its 25-Year Environmental Plan, Mintel research reveals that Britain’s coffee shop drinkers are happy to do their bit for the environment, but not at any cost. 40% of out of home hot drinks consumers wouldn’t mind paying extra for drinks served in 100% [...]...
  • US Beverage Alcohol Volumes Decline Again in 2017 The IWSR, the leading provider of data and analysis on the global beverage alcohol market, has released initial 2017 category results for the US market as part of its US Beverage Alcohol Review (US BAR) database. After analyzing preliminary 2017 volume, the IWSR says total US beverage alcohol consumption declined for the second consecutive year [...]...
  • Revised Safe Intake For 3-MCPD in Vegetable Oils and Food EFSA’s experts have used an updated scientific approach to reassess the possible long-term adverse effects of the food processing contaminant 3-MCPD on the kidney and male fertility. Consumption levels of 3-MCPD in food are considered safe for most consumers but there is a potential health concern among high consumers in younger age groups. In the worst [...]...
  • £500,000 Investment Doubles Advanced Dynamics’ Capacity Advanced Dynamics Ltd, one of the UK’s leading packaging and labelling equipment suppliers, has crowned a highly successful trading year with a significant investment totalling £500,000 in expanded premises, extended stock, additional jobs and a sophisticated new ERP system. The company started with the acquisition of a neighbouring unit that doubles its engineering capacity to around [...]...

The Coca-Cola Company Announces Senior Leadership Succession Plan

The Coca-Cola Company Announces Senior Leadership Succession Plan
December 12
09:35 2016

Coca-Cola Company veteran James Quincey (pictured left), currently President and Chief Operating Officer, will succeed Muhtar Kent (pictured right) as CEO on May 1, 2017. Muhtar Kent will continue as Chairman of the Board of Directors.

“Managing The Coca-Cola Company to ensure our long-term growth requires a thoughtful and orderly succession planning process,” says Muhtar Kent. “I have been engaged with our Management Development Committee and the full Board on talent development and succession discussions throughout my tenure as CEO.  We are certain that James Quincey is prepared for these new responsibilities and is the absolute right choice to lead our company and system into the future.”

“One of our Board’s key priorities is developing the next generation of leaders and James is a perfect example of our talent pipeline in action,” adds Kent.  “Having worked closely with James during the past 10 years of his 20-year career with our company, I know that his vast industry knowledge, expertise with our brands, values and system, coupled with an acute understanding of evolving consumer tastes, make him the ideal candidate to effectively lead our company and bottling system.  James has the strategic vision and inspirational leadership to usher in the next phase of growth for our great business.”

Quincey was named The Coca-Cola Company’s President and Chief Operating Officer in August 2015. Earlier this year, he put in place a new international operating structure and leadership team to make the company more efficient and effective at the local levels, helping our operating units become faster and more agile.  Throughout his career at Coca-Cola, Quincey has shown leadership in addressing consumer changes by expanding product offerings, introducing smaller package sizes, and most recently, driving systematic portfolio reformulation to reduce added sugar with over 200 initiatives in progress.

Prior to this role, Quincey served as President of The Coca-Cola Company’s Europe Group.  Under his leadership, the Europe Group was the company’s most profitable operating group as it strategically expanded its brand portfolio and improved execution across the geography.

 

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 16, 2018Sival Plant Production Trade Show
  • January 17, 2018Anfas Food Product
  • January 17, 2018Dutch Organic Trade Fair
  • January 19, 2018International Green Week
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements