Saadia Madsbjerg to be Named President of The Coca-Cola Foundation
May 03 2021 - 10:20AM
Business Wire
The Coca-Cola Company today announced that Saadia Madsbjerg will
be named Vice President of Global Community Affairs for The
Coca-Cola Company and President of The Coca-Cola Foundation.
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Saadia Madsbjerg (Photo: Business
Wire)
Madsbjerg is expected to join the company June 1. She will
manage operations of the Foundation, which includes grant making,
financial requirements and regulatory compliance for domestic and
international philanthropy.
“I’m thrilled to join The Coca-Cola Foundation, which has a
built a remarkable legacy over a period of nearly 40 years through
giving more than $1 billion to meaningful programs impacting
communities worldwide,” Madsbjerg said. “I look forward to working
with the Foundation's partners and grantees in Atlanta and around
the world.”
Madsbjerg is a former managing director of The Rockefeller
Foundation, where she led efforts to seed-fund the development and
launch of new financial instruments and partnerships designed to
channel money from capital markets toward sustainable
development.
“Saadia brings years of experience in corporate strategy and
philanthropy, as well as in launching and leading sustainable,
impact investing programs across public and private sectors to
address challenges such as climate change, inequality and
humanitarian crises,” said Bea Perez, Chief Communications,
Sustainability & Strategic Partnerships Officer at The
Coca-Cola Company. “We are thrilled to have someone of her caliber
and look forward to Saadia building on the great history of The
Coca-Cola Foundation.”
Before joining The Rockefeller Foundation, Madsbjerg was senior
vice president for strategic planning at the New York City Economic
Development Corp. She led a portfolio of projects focused on
transformative opportunities for creating a more equitable and
resilient economy.
Madsbjerg also previously worked in the technology sector at
Cisco Systems, advising Fortune 500 companies and public sector
institutions on how innovative technology could help create new
business models and address critical challenges, such as social and
economic challenges caused by an aging society.
Prior to Cisco, Madsbjerg was an associate principal at McKinsey
& Co., where she advised multinational companies on corporate
strategy.
Madsbjerg is the coauthor of Making Money Moral, a book that
tracks the growth of sustainable and impact investing and features
first-hand stories of innovations unlocking private-sector capital
to solve critical challenges of the 21st century.
Madsbjerg, 44, earned bachelor’s and master’s degrees from
Copenhagen Business School. She will be relocating to Atlanta from
New York.
Madsbjerg will report to Perez and succeeds Helen Price, who
retired in 2020.
About The Coca-Cola Foundation
The Coca-Cola Foundation is the global philanthropic arm of The
Coca-Cola Company. Since its inception in 1984, The Foundation has
awarded more than $1 billion in grants to support sustainable
community initiatives around the world, including protecting the
environment; empowering women; and the overall well-being of
communities through education, youth development, arts and culture
and economic development.
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company
with products sold in more than 200 countries and territories. Our
company’s purpose is to refresh the world and make a difference. We
sell multiple billion-dollar brands across several beverage
categories worldwide. Our portfolio of sparkling soft drink brands
includes Coca-Cola, Sprite and Fanta. Our hydration, sports, coffee
and tea brands include Dasani, smartwater, vitaminwater, Topo
Chico, Powerade, Costa, Georgia, Gold Peak, Honest and Ayataka. Our
nutrition, juice, dairy and plant-based beverage brands include
Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We’re
constantly transforming our portfolio, from reducing sugar in our
drinks to bringing innovative new products to market. We seek to
positively impact people’s lives, communities and the planet
through water replenishment, packaging recycling, sustainable
sourcing practices and carbon emissions reductions across our value
chain. Together 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/20210503005506/en/
Media: Scott Leith,
sleith@coca-cola.com
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