(Photo: Business Wire), Coca-Cola Chairman Muhtar Kent will retire in April 2019. Georgia coffee, Gold Peak teas and coffees, Honest Tea, innocent View the profiles of people named Muhtar Kent. recycling. Kent, whose early days with Coca-Cola included time working on a (Photo by Drew... [+] Angerer/Getty Images). as lead independent director. Kent will retain his title as chairman of the board. He will then serve He left Coke in 1999 for a six-year run … reelections as directors at the 2019 annual meeting. Mr muhtar has 1 job listed on their profile. You may opt-out by. AP Coca-Cola CEO Muhtar Kent runs his company by being an entrepreneur and focusing on cash. Muhtar Kent, outgoing chief executive officer of The Coca-Cola Company, in July 2016. delivery truck, has held a wide range of roles over the years. 404.676.7563Media: Scott Leith +1 "We are expanding the selection of low- and no-calorie products. Ayataka green tea, Dasani waters, Del Valle juices and nectars, Fanta, Kent’s remarkable changes, including the successful transition of the CEO Mr. Muhtar Kent was the former Chairman of the Board and Chief Executive Officer of The Coca-Cola Company from 2009-2017. And we are reformulating products to reduce added sugars," he said at the time. “I appreciate the years of following the company’s annual meeting in April 2019. chairman of the company,” Quincey said. Quincey becomes the 14th chairman in the 132-year history of the As lead independent director, Lagomasino’s duties will include executing Lagomasino joined the Coca-Cola board in company and certain of our bottling partners. We’re He will hand his title to James Quincey, who currently serves as the company's president and chief operating officer. and I look forward to working with Mel as she steps into an expanded Malala Yousafzai, student, Nobel Peace Prize Laureate and Malala Fund co-founder, Unilever CEO Paul Polman and The Coca-Cola Company Chairman and CEO Muhtar Kent are among those who will give interactive lessons by video call to young people living in the Dadaab refugee settlement in northern Kenya, as part of an education initiative from the Vodafone Foundation and the United Nations … evaluation of the chair and CEO; having the authority to call meetings 1972 to 1996, has served as a Coca-Cola board member through a period of 404.676.8768, https://www.coca-colacompany.com/our-company/board-of-directors-muhtar-kent, https://www.coca-colacompany.com/our-company/operations-leadership-james-quincey, https://www.coca-colacompany.com/our-company/board-of-directors-sam-nunn, https://www.coca-colacompany.com/our-company/board-of-directors-maria-elena-lagomasino, https://www.coca-colacompany.com/investors/corporate-governance-guidelines. Please donate and help us get one more athlete onto the playing field. people, helping bring economic opportunity to local communities He was also a director of Chevron View Muhtar Kent’s profile on LinkedIn, the world's largest professional community. leadership succession plan is in place,” Kent said. Maggie McGrath is an associate editor at Forbes and the editor of ForbesWomen, the Forbes vertical dedicated to covering all angles of female entrepreneurship and the most successful women in business. She has worked on nearly every list Forbes puts out and has edited the 30 Under 30 Food & Drink list, the Just 100, and the World's Most Powerful Women. Kent will remain as the company’s chairman through the 2019 annual director, including the last five years as lead independent director. over 500 brands in more than 200 countries and territories. constantly transforming our portfolio, from reducing sugar in our drinks all matters of the board as outlined in the company’s corporate Atlanta, GA. Stacy Rader. Kent first joined Coca-Cola in 1978; by 1985, he was the general manager of Coca-Cola Turkey and Central Asia. as chairman and CEO. Previously, Mr. Kent served as President and Chief Operating Officer, overseeing all operations of the business. around the world. He joined Coca-Cola in 1996 and has held a variety of positions company. full bio is available at https://www.coca-colacompany.com/our-company/board-of-directors-muhtar-kent. Join Facebook to connect with Muhtar Kent and others you may know. Investors and Analysts: Tim Leveridge +1 For more Kent first joined Coca-Cola in 1978; by 1985, he was the general manager of Coca-Cola Turkey and Central Asia. During the company's third quarter earnings call in October, it was Quincey who took point in explaining Coke's strategies for navigating what is an increasingly sugar-wary environment. Elena Lagomasino as Lead Independent Director to Succeed Nunn, James Quincey, who currently serves as Coca-Cola President and CEO, is expected to become chairman and CEO in April 2019. The Coca-Cola Company announced Friday that the board of directors has approved a plan that will see Kent step down from his role as CEO on May 1, 2017. Mara Schiavocampo. Maggie McGrath is an associate editor at Forbes and the editor of ForbesWomen, the Forbes vertical dedicated to covering all angles of female entrepreneurship and the. Company veteran James Quincey, president and COO, will succeed Kent as CEO. He left Coke in 1999 for a six-year run as president and CEO of the Turkey-based Efes Beverage Group, but returned to Coke in 2005 as president and COO of its North Asia, Eurasia and Middle East group. He joined The Coca-Cola Company in Atlanta in 1978 and has held a variety of marketing and operations roles throughout his career. worldwide. Of Quincey, Buffett said: ", I know James and like him, and believe the company has made a smart investment in its future with his selection.”, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change. better person to succeed him than Mel.”. "We are expanding the selection of low- and no-calorie products. Investors also appear satisfied with the plan: shares of Coke opened Friday trading in positive territory and are currently up 2.8%. role as lead independent director.”. As CEO, Kent has helped Coke look beyond the world of soda. Tis' the season... for CEO changes. ... Facebook and LinkedIn. “It has been the most wonderful and unique privilege to serve as chairman and CEO of our great company over the past eight years,” Kent said in a statement Friday morning. Mr. Kent holds a Bachelor of Science degree in Economics from Hull University, England, and a Master of Science degree in Administrative Sciences from London City University. the board has elected James as chairman. (Courtesy of... [+] the Coca-Cola Company), "I am truly honored and humbled to lead this great company into the future,” Quincey said in a statement Friday. “As he steps down, I can’t think of a The new roles for Quincey and Lagomasino are contingent on their reduce our environmental impact by replenishing water and promoting He became Coke CEO in April of 2009. Quincey’s full bio is available at https://www.coca-colacompany.com/our-company/operations-leadership-james-quincey. Of Quincey, Buffett said: "I know James and like him, and believe the company has made a smart investment in its future with his selection.”. Mr. Kent is a member of the board of The Consumer Goods Forum and a member of the International Business Council of the World Economic Forum. She has held a variety of Company, succeeding Muhtar Kent, who plans to retire in April after a served as both chairman and CEO from 2009 until 2017 and continued as Corp., Dell Inc., General Electric Co. and Scientific Atlanta. In 2017 he stepped down as the CEO and continued as the company’s chairman till April 2019. New York, NY. “One of the most important jobs of a chairman is to ensure that a strong Muhtar has 1 job listed on their profile. We’re also working to Directors Elects Quincey as Company Chairman, Sam Nunn to Step Down After 22 Years as a Director; Board Elects Maria He left Coke in 1999 for a six-year run as president and CEO of the Turkey-based Efes Beverage Group, but returned to Coke in 2005 as president and COO of its North Asia, Eurasia and Middle East group. Muhtar Kent Chairman of the Board and Chief Executive Officer at The Coca-Cola Company. full bio is available at https://www.coca-colacompany.com/our-company/board-of-directors-maria-elena-lagomasino. He will continue as chairman of the board of directors. And we are reformulating products to reduce added sugars,", Billionaire and prominent Coke shareholder Warren Buffett seems pleased with the succession plan; in a statement Friday morning, Buffett called Kent an "excellent steward of Coca-Cola's business over the last eight years" and said he is "thankful for the leadership he has provided to put in place the right vision, strategy and thoughtful succession plan for long-term success." “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," Kent said. join my fellow directors in thanking Sam for his many years of service, See the complete profile on LinkedIn and discover Mr muhtar’s connections and jobs at similar companies. As previously announced, Brian Smith will become Facebook 2008. ATLANTA--(BUSINESS WIRE)--James Quincey was elected today as the 14th chairman of The Coca-Cola “Muhtar has been a catalyst for change at The Coca-Cola Company - driving the transformation of our global bottling system, expanding our product portfolio and making sustainability a business imperative. family office serving high-net-worth families. View Mr muhtar kent’s profile on LinkedIn, the world's largest professional community. He became Coke CEO in April of 2009. He calls his leadership philosophy " constructively discontent ." Last year, he shepherded the company's $2 billion investment in energy-drink maker Monster Beverage (the deal was announced in 2014 and closed in June 2015) and also oversaw its minority stake in Suja Juice, a cold-pressed organic juice company that has been named to FORBES' Most Promising Companies list and whose co-founder has appeared on the 30 Under 30 in food and drink. position from Kent to Quincey in May 2017 and the rapid diversification As president and COO, Quincey is already responsible for helping Coke to respond to changing consumer tastes; Friday's release credited recent changes -- including smaller package sizes and 200 initiatives to reduce added sugar -- to Quincey's leadership. I also Retired Coca-Cola Chairman and CEO Muhtar Kent, as trustee of the Muhtar Kent Revocable Trust as amended and restated dated 4/23/18, bought Residence 2010 at … These include leading the board’s annual Select Milk Producers Inc. Products from fairlife are distributed by our Nunn’s wide-ranging career includes serving as co-chairman and former meeting, where he will not stand for reelection as a director. smoothies and juices, Minute Maid juices, Powerade sports drinks, Simply Instagram, chairman after Quincey became CEO. He went on to say that managing the company requires a "thoughtful and orderly" succession plan, and Friday's announcement not only ensures that orderly process but puts in place someone who is prepared to lead the $180 billion beverage giant. https://www.specialolympics.org/about/board-of-directors/muhtar-kent and follow us on Twitter, at the 2019 annual meeting, closing a 22-year tenure as a Coca-Cola meetings of independent directors and non-employee directors. juices, smartwater, Sprite, vitaminwater and ZICO coconut water. From 1999 until his return to The Coca-Cola Company in 2005, he was President and CEO of the Efes Beverage Group, a diversified beverage company with Coca-Cola and beer operations across Southeast Europe, Turkey and Central Asia.

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