Coca-Cola Names James Quincey President COO

ATLANTA -- The Coca-Cola Co. has appointed James Quincey president and chief operating officer, effective immediately. He will have responsibility for all of the company's operating units worldwide and report directly to chairman and chief executive Muhtar Kent.

Quincey, 50, is a 19-year veteran of Coca-Cola and since 2013 served as president of the beverage giant's Europe Group, which comprises 38 countries. He replaces Ahmet Bozer, executive vice-president and president of Coca-Cola International, who is retiring after a 25-year career in the Coca-Cola system.

PHOTO:James Quincey (l.), accompanied by Coca-Cola chief executive Muhtar Kent, assumed the beverage giant's No. 2 post, effective Aug. 13.