Sector News

The Coca-Cola Company appoints new president

July 23, 2022
Food & Drink

The Coca-Cola Company has announced the appointment of John Murphy as president and chief financial officer (CFO), effective 1 October.

Murphy, who currently serves as executive vice president and CFO, will take on the role of president following the retirement of Brian Smith.

Smith has served as Coca-Cola’s president and chief operating officer since 2019. He will remain with the company as a senior executive until February 2023.

James Quincey, chairman and CEO of The Coca-Cola Company, said: “Brian has made innumerable contributions to the Coca-Cola system during his 25 years with the company. I thank him for his service and, on behalf of the company, wish him all the best.”

He added: “John has been a vital business partner and leader at the company. As president and CFO, John’s new role will be instrumental in driving critical, enterprise-wide imperatives across the Coca-Cola system.”

By Lauren Ford

Source: foodbev.com

comments closed

Related News

November 27, 2022

Cargill to appoint Brian Sikes as president and CEO

Food & Drink

Cargill will appoint Brian Sikes as its president and chief executive officer on 1 January 2023. The soon-to-be CEO, currently holding the chief operating officer title, has worked at Cargill for 31 years. Dave MacLennan, who has served as Cargill’s CEO since 2013, will assume the role of executive chair of the company’s board of directors.

November 27, 2022

Wellness, self-expression drive the latest trends in colors and flavors

Food & Drink

Comforting colors, feel-good flavors, and unique food and beverage experiences will resonate most with consumers in the new year, according to ADM’s latest Flavor and Color Outlook. ADM anticipates that 2023 will be the year of self-expression, and the company identified four trends that are sure to stand out.

November 27, 2022

Nespresso unveils home-compostable coffee capsules in partnership with Huhtamaki

Food & Drink

Nestlé’s Nespresso brand will pilot home-compostable coffee capsules on the Nespresso Original system in France and Switzerland from spring 2023 before further launches in several other European countries within a year. The paper-based capsules are touted as a breakthrough in packaging technology after three years of R&D.