The Coca-Cola Company Elects Three Officers and Declares Quarterly Dividend
21 October 2022 - 4:00AM
Business Wire
The Board of Directors of The Coca-Cola Company today announced
the election of three new corporate officers, along with declaring
the company’s regularly quarterly dividend.
The company declared a dividend of 44 cents per common share.
The dividend is payable Dec. 15, 2022, to shareowners of record of
the company as of the close of business on Dec. 1, 2022.
New corporate officers
- Felix Poh has been elected vice president. He oversees
strategy and corporate development. Poh, who joined the company in
January, came to Coca-Cola after an extensive career with McKinsey
& Co., which included global projects on behalf of Coca-Cola in
China, Japan and many other countries.
- Neeraj Tolmare has been elected vice president. He is
global chief information officer and oversees the company’s
information, data and digital organizations, closely partnering
with Platform Services. Tolmare joined the company in 2018 as
global head of Digital & Innovation. His career includes prior
executive roles at HP Inc., Cisco Systems, Palm Inc. and Infosys
Consulting leading digital, commerce and technology
organizations.
- Mark Westfall has been elected vice president. He is
chief services officer, also within Platform Services. He oversees
a global organization that provides support for finance;
procurement; supply chain and technical; marketing and public
affairs, communications and sustainability; human resources;
workplace; security; value delivery; and legal. He previously
served as chief procurement officer and has been with Coca-Cola
since 2009. Previously, he worked for Anheuser-Busch and Ernst
& Young.
All three leaders started their current positions Oct. 1, and
their elections as corporate officers are effective immediately.
All report to John Murphy, the company’s president and chief
financial officer.
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, BODYARMOR, Powerade, Costa, Georgia, Gold Peak 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/20221019005986/en/
Investors and Analysts: Tim
Leveridge, koinvestorrelations@coca-cola.com Media: Scott Leith, sleith@coca-cola.com
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