ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today announced appointments for a number of senior roles leading the company’s new operating units and beverage category teams. The selections are part of the company’s broader reorganization, as first announced Aug. 28.
The company’s nine new operating units and five global category teams will be supported by the newly created Platform Services organization.
Operating units
The company’s nine operating units will replace current groups and business units, effective Jan. 1, 2021, subject to consultation where required under local laws. These changes will help eliminate duplication of resources and enhance the company’s ability to scale new products more quickly.
The operating units and their geographies and presidents are:
In addition to the geographical operating units, Jennifer Mann will continue to serve as president of Global Ventures, and Marcelo Boffi will continue to serve as president of Bottling Investments.
As previously announced, the operational side of the business will sit under four geographical segments, along with Global Ventures and Bottling Investments. All operating leaders will report to President and Chief Operating Officer Brian Smith.
The company also announced the following appointments of operational leaders within its three largest operating units:
T. Krishnakumar, current president of the India and Southwest Asia business unit, will be chairman of Coca-Cola India Inc. He will be responsible for building and strengthening critical local partnerships in India, supporting the new operating unit leadership team.
Global category leads
Building a winning, focused, growth portfolio is a top priority for the company. This requires innovation, marketing efficiency and effectiveness. The company, which is reinforcing and deepening its leadership in five global categories, named the following presidents today:
The leaders of these categories will work across the networked organization to build the company’s brand portfolio and win in the marketplace. Global category leads will report to Chief Marketing Officer Manolo Arroyo.
In addition, the company announced senior vice presidents of marketing for the largest operating units:
Platform Services
The company previously announced the creation of Platform Services, an organization that will work in service of operating units, categories and functions to create efficiencies and deliver capabilities at scale across the globe. More information about leaders for Platform Services will be announced later.
More information
To learn more about how the company is reorganizing for future growth, see our recent media releases:
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company, offering over 500 brands in more than 200 countries and territories. In addition to the company’s Coca-Cola brand, our portfolio includes AdeS, Ayataka, Costa, Dasani, Del Valle, Fanta, Georgia, Gold Peak, Honest, innocent, Minute Maid, Powerade, Simply, smartwater, Sprite, vitaminwater and ZICO. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We’re also working to reduce our environmental impact by replenishing water and promoting recycling. 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200903005552/en/
Investors and Analysts: Tim Leveridge, koinvestorrelations@coca-cola.com Media: Scott Leith, sleith@coca-cola.com
Source: The Coca-Cola Company