Current Report Filing (8-k)
December 08 2017 - 7:02AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 7, 2017
(Exact name of registrant as specified in its
charter)
Delaware
(State or other
jurisdiction
of incorporation)
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001-02217
(Commission
File Number)
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58-0628465
(IRS Employer
Identification No.)
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One Coca-Cola Plaza
Atlanta, Georgia
(Address of principal executive offices)
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30313
(Zip Code)
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Registrant’s telephone number, including area
code: (404) 676-2121
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
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Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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o
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
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o
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Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
o
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
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Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 8, 2017, The Coca-Cola
Company (the “Company”) announced that Irial Finan, Executive Vice President and President, Bottling Investments Group,
will be retiring from the Company. On December 31, 2017, Mr. Finan will step down from his position as Executive Vice President
and President, Bottling Investments Group, and he will continue to serve as an executive advisor until his retirement on March
31, 2018.
On December 7, 2017, the Company and
Mr. Finan entered into a Separation Agreement detailing the terms of his retirement. The Separation Agreement provides that Mr. Finan
will receive severance benefits under the terms of The Coca-Cola Severance Pay Plan. With respect to annual incentives, if Mr.
Finan remains employed through December 31, 2017, he will receive an award for 2017, and if Mr. Finan remains employed through
March 31, 2018, he will receive an award for 2018, prorated for three months, in each case, under the standard terms of the Performance
Incentive Plan. With respect to long-term incentives, Mr. Finan will not receive any additional equity grants, all Mr. Finan’s
outstanding performance share unit awards will be treated according to the existing terms of the equity plans and related agreements
and all Mr. Finan’s outstanding stock options awards will be exercisable according to the existing terms of the equity plans
and related agreements. Mr. Finan’s retirement benefits will consist of those benefits accrued and vested under the
standard terms and conditions of the plans in which he participates, including health and welfare coverage. Mr. Finan will
receive outplacement services. In connection with the Separation Agreement, on December 7, 2017, Mr. Finan entered into a
Full and Complete Release and Agreement on Trade Secrets and Confidentiality. The foregoing description is qualified
in its entirety by the agreements with Mr. Finan, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by
reference.
Item 8.01. Other Events.
The Company’s December 8, 2017
press release announcing the retirement of Mr. Finan and related management changes is attached hereto as Exhibit 99.1 and is incorporated
herein by reference.
Item 9.01. Financial Statements and Exhibits.
EXHIBIT INDEX
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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THE COCA-COLA COMPANY
(REGISTRANT)
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Date: December 8, 2017
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By:
/s/ Bernhard Goepelt
Bernhard Goepelt
Senior Vice President, General Counsel and
Chief Legal Counsel
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