The Coca-Cola Company Announces Election of Corporate Officer and Declares Regular Quarterly Dividend
July 29 2024 - 6:55AM
Business Wire
The Board of Directors of The Coca-Cola Company today announced
the election of a new corporate officer, along with declaring the
company’s regular quarterly dividend.
Carlos Pagoaga has been elected as a vice president of
the company. Pagoaga serves as Vice President of Global Community
Affairs and President of The Coca-Cola Foundation. Pagoaga’s new
role with Global Community Affairs and the Foundation was announced
in May, and he began his duties June 1.
- Pagoaga manages all Foundation operations, which includes grant
making; financial requirements; and regulatory compliance for
domestic and international philanthropy.
- He previously served as the Foundation’s Senior Director,
circular economy, where he was responsible for directing global
recycling initiatives.
- Pagoaga joined the Foundation in 2007 and has been responsible
for a wide variety of duties. He has directed multiple large
grants, such as for the Replenish Africa Initiative, Project Last
Mile and Atlanta Beltline.
- He joined Coca-Cola in 1990 in Corporate Latin Affairs, where
he managed relationships with Latino organizations and elected
officials across the United States. He later moved to the company’s
North America unit, where he managed multicultural
communications.
- Pagoaga earned a bachelor of business administration degree in
marketing and an MBA, both from Georgia State University in
Atlanta.
Quarterly dividend
The company declared a regular quarterly dividend of 48.5 cents
per common share, payable Oct. 1 to shareowners of record of the
company as of the close of business Sept. 13.
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 water, sports, coffee and
tea brands include Dasani, smartwater, vitaminwater, Topo Chico,
BODYARMOR, Powerade, Costa, Georgia, Gold Peak and Ayataka. Our
juice, value-added 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 Instagram, Facebook and LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20240729538714/en/
Investors and Analysts: Robin
Halpern, koinvestorrelations@coca-cola.com Media: Scott Leith, sleith@coca-cola.com
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