ATLANTA - Coca-Cola's board of directors have elected Alexander B. Cummings Junior, currently president of the company's Africa Group, as an executive vice president. <br>
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Board members also elected 39-year-old chief information officer Jean-Michel R. Ares as a vice president at their meeting Thursday in Atlanta. <br>
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The 45-year-old Cummings joined Coca-Cola in 1997 as region manager in Nigeria. He is a native of Liberia. <br>
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Ares joined Coke in February after leaving General Electric's Atlanta-based G.E. Power Systems division. Ares is from Ottawa, Canada. <br>
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Shares of Coca-Cola were down $2.40, or 4.8 percent, to $47.60 in late trading on the New York Stock Exchange Thursday.