The Coca-Cola Company Announces Retirement of Ronald W. Allen from Board of Directors
January 14 2020 - 1:00PM
Business Wire
The Coca-Cola Company today announced that Ronald W. Allen, 78,
will not stand for reelection to the board of directors in
April.
Allen has been a director of the company since 1991. During his
tenure on the board, he has served on several committees and
currently serves as chair of the audit committee.
Allen’s extensive leadership background includes 34 years at
Delta Air Lines, where he became president and chief operating
officer in 1983. He was promoted to chairman and CEO in August 1987
and continued in that role until his retirement in August 1997.
Allen led Delta’s international expansion, including developing
Atlanta as a major international hub. With the acquisition of Pan
American’s European routes in 1991, Delta became the #1 airline
between the United States and Europe.
Allen also served as chairman and CEO of Aaron’s Inc. during a
period of transition for the company from 2012 to 2014. He led the
acquisition of Progressive Finance Holdings in 2014. He served as a
director of Aaron’s from 1997 until 2014. He currently serves as a
director of Forward Air Corp. and Aircastle Limited.
“It has been an honor to serve as a director of Coca-Cola for 29
years and to work with six different CEOs, beginning with Roberto
Goizueta and ending with James Quincey,” Allen said. “I am very
confident of the continued success of The Coca-Cola Company under
the leadership of James and his outstanding leadership team.”
“Ron Allen has had a distinguished career, and we thank him for
his nearly three decades of service to The Coca-Cola Company,” said
Chairman and CEO James Quincey.
About The Coca-Cola
Company
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 www.coca-colacompany.com and follow us on
Twitter, Instagram, Facebook and LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20200114005228/en/
Investors and Analysts: Tim
Leveridge, koinvestorrelations@coca-cola.com Media: Scott Leith, sleith@coca-cola.com
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