Coca-Cola appoints new president

The executive was appointed veteran James Quincey
13/08/2015 14h55 - Updated 13/08/2015 14h58
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The American multinational Coca-Cola announced on Thursday the appointment of veteran executive James Quincey, until now responsible for operations in Europe, as the new president of the company.

“I am honored to accept this position and look forward to working side by side with (Chief Executive) Muhtar Kent to help accelerate the strategic measures designed to strengthen our growth worldwide”, Quincey said in a statement.

After the appointment of the Executive, it has immediacy, Quincey will be ahead of the operations of all units of Coca-Cola in the world and will report directly to Muhtar Kent.

“His extensive experience, especially in the markets of Europe and Latin America, will be a great asset as we continue to accelerate our growth through strategic plan”, these Kent.

Quincey, from 50 years, It worked for two decades in Atlanta multinational, and from 2013 He was the president of Coca-Cola group in Europe, which has become the most profitable division of the company.

“The board agreed unanimously way (Quincey) has the leadership and experience we need to execute our strategic priorities, and is a perfect complement to Kent”, said the director of Coca-Cola, Sam Nunn.

Before settling in London, Quincey was president of Coca-Cola division in Mexico, between 2005 e 2008, and he was also president of the Latin American division of the multinational between 2003 e 2005.

Shares of Coca-Cola, one of the thirty values ​​of the Dow Jones, cotavam for high in electronic trading prior to the opening of the New York Stock Exchange, which yesterday closed at $ 41,25. The company lost 2,27% this year in the bag.

Source: Exame.com


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