Coca-Cola CEO Muhtar Kent to Step Down Next Year
December 09 2016 - 9:28AM
Dow Jones News
By Austen Hufford
Coca-Cola Co. said Friday that Muhtar Kent would resign from his
role as chief executive role in May 2017, to be succeeded by James
Quincey, the beverage company's president and operating chief.
Mr. Quincey has risen up through Coke's international ranks, an
increasingly important focus for the company, since joining Coke in
1996. During his tenure, he has led Coke's presence in both Europe
and Mexico.
Mr. Kent has been chief executive since 2008 and will remain
chairman of the company.
Write to Austen Hufford at austen.hufford@wsj.com
(END) Dow Jones Newswires
December 09, 2016 09:13 ET (14:13 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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