Christopher Davis and Caroline Tsay Nominated for Election to Coca-Cola Board of Directors
February 15 2018 - 11:01AM
Business Wire
The Board of Directors of The Coca-Cola Company today
announced that business leaders Christopher Davis and Caroline Tsay
have been nominated to stand for election to the board at the
Company’s Annual Meeting of Shareowners in April.
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Caroline Tsay (Photo: Business Wire)
Davis brings a background in investment management, while Tsay
has experience in enterprise software and consumer internet. If the
two nominees are elected, Coca-Cola’s board will grow from 14 to 16
members.
Davis, 52, is Chairman of Davis Advisors, an independent
investment management firm founded in 1969. Davis oversees
approximately $30 billion of client assets for both individuals and
institutions worldwide.
Davis joined Davis Advisors in 1989 as a financial analyst. In
1995, he became a portfolio manager of the firm’s flagship funds,
Davis New York Venture Fund and Selected American Shares. Prior to
joining Davis Advisors, he served as a research analyst at Tanaka
Capital Management and as an accountant at State Street Bank and
Trust Co. Davis received a master’s degree with honors from the
University of St. Andrews in Scotland.
Tsay, 36, is CEO of Compute Software Inc., a Mountain View,
Calif.-based enterprise cloud infrastructure software company that
is revolutionizing how businesses run in the cloud. Tsay
previously served as Vice President and General Manager of Software
at Hewlett Packard Enterprise Co. (HPE).
Prior to HPE, Tsay held six years of product leadership roles
across the consumer search, e-commerce and advertising businesses
at Yahoo Inc. Prior to joining Yahoo in 2007, she spent three years
at IBM Global Services as a senior consultant in supply chain and
customer relationship management.
Tsay serves as a director for Morningstar Inc. and Rosetta Stone
Inc. She has been recognized on The National Diversity Council’s
Top 50 Most Powerful Women in Technology and the Silicon Valley
Business Journal’s 40 Under 40. She earned a B.S. in computer
science and an M.S. in management science and engineering, both
from Stanford University.
“We have nominated Chris and Caroline to join our board because
they would bring valuable expertise and new perspectives to our
business,” said Muhtar Kent, Chairman of
The Coca-Cola Company. “Chris has extensive
financial experience in overseeing long-term investments, while
Caroline has a technology background that spans several companies.
Their skills and insights would help the board continue to help
evolve and grow our business.”
If elected, Davis would serve on the board’s compensation
committee, while Tsay would serve on the audit committee.
About The Coca-Cola
Company
The Coca-Cola Company (NYSE: KO) is the world’s largest total
beverage company, offering over 500 brands to people in more than
200 countries. Of our 21 billion-dollar brands, 19 are available in
lower- and no-sugar options to help people everywhere more easily
control added sugar. In addition to our namesake Coca-Cola drinks,
some of our household names around the world include: AdeS
soy-based beverages, Ayataka green tea, Dasani waters, Del Valle
juices and nectars, Fanta, Georgia coffee, Gold Peak teas and
coffees, Honest Tea, Minute Maid juices, Powerade sports drinks,
Simply juices, smartwater, Sprite, vitaminwater, and Zico coconut
water. At Coca-Cola, we’re serious about making positive
contributions to our world. That starts with reducing sugar in our
drinks and bringing new and different drinks to people everywhere.
It also means continuously working to reduce our environmental
impact, creating rewarding careers for our associates, and bringing
economic opportunity wherever we operate. In fact, together with
our bottling partners, we employ more than 700,000 people around
the world. For more information, visit our digital magazine
Coca-Cola Journey at www.coca-colacompany.com and follow The
Coca-Cola Company on Twitter, Instagram, Facebook and LinkedIn.
The fairlife® brand is owned by fairlife, LLC, our joint venture
with Select Milk Producers, Inc., and fairlife’s products are
distributed by our Company and certain of our bottling
partners.
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