Coca-Cola Names New President And COO, Shuffles Executive Team

Posted On: 10/23/2018

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ATLANTA -- Coca-Cola Co. announced key changes in top leadership, including the election of a new president and chief operating officer and a succession plan for its chief financial officer.
 
Brian Smith becomes Coca-Cola's next president and chief operating officer, on Jan. 1. He will report to James Quincey, the beverage giant's chief executive. Smith, a 21-year Coca-Cola veteran, is currently serves president of the company's Europe, Middle East and Africa group. Quincey became Coke's chief executive on May 1, 2017. Prior to that role, he served as president and COO.
 
John Murphy, currently president of the company's Asia Pacific group, will become senior vice-president and deputy chief financial officer on Jan. 1 and will advance to executive vice-president and chief financial officer in March, following the retirement of Kathy Waller, who is Coca-Cola's executive vice-president, chief financial officer and president of Enabling Services.
 
The company also announced that Nancy Quan has been elected senior vice president and appointed Chief Technical Officer, effective Jan. 1, 2019, reporting to Quincey. She currently serves as a vice president for the company and Chief Technical Officer for Coca-Cola North America.
 
Quan succeeds Ed Hays, who will retire from the company on March 31, 2019. Hays will transition to a role as senior advisor on Jan. 1, 2019, reporting to Quincey.
 
Finally, Barry Simpson, Coca-Cola's senior vice-president and chief information officer, is adding new duties that include oversight of portions of the company's Enabling Services organization.