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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