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Wednesday May 5th, 2021 10:51PM

The Coca-Cola Company Announces Leaders for New Operating Units and Beverage Categories

By The Associated Press

ATLANTA--(BUSINESS WIRE)--Sep 3, 2020--

The Coca-Cola Company today announced appointments for a number of senior roles leading the company’s new operating units and beverage category teams. The selections are part of the company’s broader reorganization, as first announced Aug. 28.

The company’s nine new operating units and five global category teams will be supported by the newly created Platform Services organization.

The company’s nine operating units will replace current groups and business units, effective Jan. 1, 2021, subject to consultation where required under local laws. These changes will help eliminate duplication of resources and enhance the company’s ability to scale new products more quickly.

The operating units and their geographies and presidents are:

In addition to the geographical operating units, will continue to serve as president of Global Ventures, and will continue to serve as president of Bottling Investments.

As previously announced, the operational side of the business will sit under four geographical segments, along with Global Ventures and Bottling Investments. All operating leaders will report to President and Chief Operating Officer .

The company also announced the following appointments of operational leaders within its three largest operating units:

, current president of the India and Southwest Asia business unit, will be chairman of Coca-Cola India Inc. He will be responsible for building and strengthening critical local partnerships in India, supporting the new operating unit leadership team.

Building a winning, focused, growth portfolio is a top priority for the company. This requires innovation, marketing efficiency and effectiveness. The company, which is reinforcing and deepening its leadership in five global categories, named the following presidents today:

The leaders of these categories will work across the networked organization to build the company’s brand portfolio and win in the marketplace. Global category leads will report to Chief Marketing Officer .

In addition, the company announced senior vice presidents of marketing for the largest operating units:

The company previously announced the creation of Platform Services, an organization that will work in service of operating units, categories and functions to create efficiencies and deliver capabilities at scale across the globe. More information about leaders for Platform Services will be announced later.

To learn more about how the company is reorganizing for future growth, see our recent media releases:

The Coca-Cola Company (NYSE: KO) is a total beverage company, offering over 500 brands in more than 200 countries and territories. In addition to the company’s Coca-Cola brand, our portfolio includes AdeS, Ayataka, Costa, Dasani, Del Valle, Fanta, Georgia, Gold Peak, Honest, innocent, Minute Maid, Powerade, Simply, smartwater, Sprite, vitaminwater and ZICO. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We’re also working to reduce our environmental impact by replenishing water and promoting recycling. With our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at and follow us on , , and .

View source version on businesswire.com:

CONTACT: Investors and Analysts: Tim Leveridge,[email protected]

Media: Scott Leith,[email protected]

KEYWORD: UNITED STATES NORTH AMERICA GEORGIA

INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL

SOURCE: The Coca-Cola Company

Copyright Business Wire 2020.

PUB: 09/03/2020 10:00 AM/DISC: 09/03/2020 10:01 AM

http://www.businesswire.com/news/home/20200903005552/en

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