Coca Cola Restructures Business Operations |
| ValueWalk - Jul 30, 2012 |
The company’s move to streamline its business operations, is part of its initiative to prepare its two other key executives to eventually succeed Muhtar Kent, the current chairman and CEO of Coca-Cola, according to the report of Washington Post.
Ahmet Bozer will be appointed as president of Coca-Cola International, which will be composed of Europe, Paficic, Eurasia, and Africa operations. Bozer currently serves as the president of the Eurasia and Africa Group.
Steve Cahillane, who has serving as president and CEO of Coca Cola Refreshments in North America since 2010, will be named president of Coca Cola Americas. He will supervise the company’s business operations in North and Latin America.
Irial Finan, the current president of Bottling Investments Group will remain in his position.
At present, the heads of business operations of the company in various regions are reporting directly to Kent. Under the new structure, the global operations of the Coca Cola will be distributed evenly. The company estimates almost one-half of its global sales volume comes from the Americas, and the other half is generated from the rest of the world.
Read Full Article from ValueWalk
- Posted: 2012-07-30 18:00:54
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