HOME > BUSINESS > Coca Cola appoints James Quincey as new COO

Coca Cola appoints James Quincey as new COO

COKEThe Coca-Cola Company today announced James Quincey as President and Chief Operating Officer (COO).

Ahmet Bozer, Executive Vice President and President of Coca-Cola International is going to Retire after Distinguished 25-Year Career.

As President and COO, Quincey will have responsibility for all of the Company’s operating units worldwide. He will report directly to Chairman and Chief Executive Officer Muhtar Kent.

Quincey,who is 50 years old, is associated with Coca-Cola for last 19-year and since 2013 served as President of The Coca-Cola Company’s Europe Group.

Under Quincey’s leadership, the Europe group has been proved Company’s most profitable operating group, strategically expanded its brand portfolio and improved execution across the geography.

Quincey also played an instrumental role in leading the recently announced proposed world’s largest independent Coca-Cola bottler based on net revenues.

“Over nearly two decades, James has built an impressive track record of strategic, operational and commercial accomplishments,” said Muhtar Kent, Chairman and Chief Executive Officer.

“He has proven to be a successful and trusted leader and brings to this position a strong reputation for developing people and inspiring teams, he added.

Talking about his appointment as President & COO of the Coca Cola Company Quincey said, “I am excited and honored to take on this role and look forward to partnering with Muhtar and our talented senior leadership team to deliver on our 2020 Vision and help accelerate the strategic actions we’ve outlined to reinvigorate growth across our Company and system worldwide.”

Prior to joining Coca-Cola, Quincey was a Partner in strategy consulting at The Kalchas Group, a spin off from Bain & Company and McKinsey. Quincey, who is bilingual in English and Spanish, received a Bachelor’s degree in Electronic Engineering from the University of Liverpool.

Quincey joined the Company in Atlanta in 1996 as Director, Learning Strategy for the Latin America Group, and went on to serve in a series of operational roles of increased responsibility in Latin America, leading to his appointment as President of the South Latin Division in 2003.

Among Quincey’s many accomplishments during this time was his leadership of the acquisition of innocent juice in 2009.

Innocent is now sold in more than 14 countries and is well on its way to becoming one of the Company’s billion-dollar brands.

Quincey was the person behind the relaunch of Coca-Cola Zero and Acquisition of Jugos de Valle,one of the company’s 20 brands that generate more than a billion dollars in annual revenue.

The Coca-Cola Company (NYSE: KO) is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands like Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid and more, With revenues about $20 billion USD.

Follow ULTRA.news
Former HUL Vice Chairman joins Infosys board Infosys said it appointed Unilever veteran D Sundaram as an independent director.He is currently the Vice Chairman and MD of TVS Capital Funds Ltd."He joined Unilever Group in 1975 and served in various leadership capacities in Unilever Group in a career spanning over 34 ...
SN Subrahmanyan takes over as Larsen & Toubro CEO Larsen & Toubro Deputy Managing Director and President S.N. Subrahmanyan has taken over as CEO and Managing Director with effect from today.SN SubrahmanyanHe has been on the company's board since 2011 and was named the new CEO in April this year.At the meeting on Apr...
Snapdeal appoints Jason Kothari as CEO of Freecharge, commits funds E-commerce firm Snapdeal said it has appointed former housing.com CEO Jason Kothari as the Chief Executive Officer of its wallet service FreeCharge at a time when competition in the mobile payments space is at an all-time high.Contrary to rumors of a cash crunch, Snapdeal sai...
Wipro’s TK Kurien steps down earlier than expected After TCS' Chandrasekaran, it is the turn of Wipro's former CEO and current executive vice chairman TK Kurien to retire. He was expected to step down in March.He will step down at the end of this month, a year after he was moved out of the CEO position.“TK and Abid ha...
N Ganapathy Subramaniam appointed new TCS COO COO N Ganapathy SubramanianTata Consultancy Services said it made two appointments in the wake of the departure of Chief Executive officer N Chandrasekaran: N. Ganapathy Subramaniam, elder brother of outgoing CEO Chandrasekaran, has been appointed as the chief operating offi...
Suneel M Advani to take over as Chairman of Blue Star Air conditioning giant Blue Star Ltd said its Vice Chairman Suneel M Advani will be elevated as the Chairman of the company from 1st December.The current Chairman Ashok M Advani who will turn 75 on November 17 will retire after 47 years of service and will be re-designated as...
Vinod Sawhny resigns as Reliance Communications CEO ahead of Aircel merger looms Reliance Communications said its CEO Vinod Sawhny resigned  with immediate effect for personal reasons."We wish to inform you that the Company has accepted request of Mr. Vinod Sawhny to step down as Chief Executive Officer of the Company with effect from September 30, 2016 t...
Jet Airways promotes Jayaraj Shanmugam as Chief Commercial Officer Jet Airways promoted Jayaraj Shanmugam as its Chief Commercial Officer.Since joining Jet Airways’ in mid-2015 and as Sr. Vice President of Products & Services, Shanmugam has been instrumental in sharpening the organization’s focus towards delivering superior guest engagem...
Anil Ambani’s son Jai Anmol to be appointed Executive Director of Reliance Capital Reliance Capital, the financial services arm of Reliance Anil ambani Group today appointed Jai Anmol Ambani, elder son of Anil Ambani to the companyś board and said he will be appointed as full time Executive Director at the companyś annual general meeting.Jai had first j...
Bank of Baroda appoints Ashok Kumar Garg as Executive Director Bank of Baroda appointed Ashok Kumar Garg as their new Executive Director on tuesday. He was General Manager at the bank.He has experience of 37 years in various banking fields in India as well as overseas, the company said.Garg is a Master of Commerce degree with additio...
Jet Airways CFO Agarwal to be acting CEO Jet Airways’ Chief Financial Officer, Amit Agarwal is taking on the responsibility as Acting Chief Executive Officer effective March 1, 2016, the company said.He will function as Acting Chief Executive Officer in addition to his responsibilities as CFO of the Company, til...
Infosys board member resigns for personal reasons Infosys said one of its board members has resigned for personal reasons.Carol M. Browner was an independent director of the company. She has served as director of the White House Office of Energy and Climate Change Policy in the Obama administration from 2009 to 2011.She...
OPPO hopes to sell 1.5 mln units in India, changes CEO OPPO, a China-based smartphone brand, has changed its India CEO, and said it has sold around 400,000 phones in India since its entry last year.It also said it is targeting to sell 1.5 million units in 2015.The company has been among the most aggressive in terms of expend...
Coca Cola Foundation awards $26.2 mln in H1 2015 The Coca Cola Foundation awarded $26.2 million to 74 community organizations in the first half of 2015, the organization said.These grants which have been awarded focusing on The Coca-Cola Company’s core sustainability priorities women, water and well-being will benefit more ...
Housing.com gets a new Chief Business Officer Housing.com, which recently fired its founder and CEO Rahul Yadav, said it had appointed Jason Kothari as its Chief Business Officer and member of the Operating Committee to drive its overall strategy and growth in India.Jason, together with iCEO & COO Rishabh Gupta, wil...
Catholic Syrian bank gets a new MD The Catholic Syrian Bank Limited, a private bank based in Kerala readying for its IPO, has appointed Anand Krishnamurthy as the Managing Director and Chief Executive Officer. Krishnamurthy holds a bachelor’s degree in technology (mechanical engineering) from the Indian Inst...
Airtel taps entrepreneur Manish Khera to head Airtel Money Telecom provider Bharti Airtel said that Manish Khera, Co-founder & MD of YTS Solutions will be appointed as CEO of Airtel M Commerce Services Limited (AMSL), which offers Airtel’s flagship semi-closed wallet under the brand name ‘Airtel Money’.YTS Solutions provides solu...
Flipkart hires Google veteran to head product development at Myntra Myntra, part of Flipkart, appointed Ambarish Kenghe as Senior Vice President and Head of Product.Ambarish will start working at Myntra’s Bengaluru headquarters by the end of this month and will report to CEO, Mukesh Bansal to scale up Myntra’s product road map.His task at...
PepsiCo veteran replaces Manoj Kohli as MD, Bharti Enterprises Manoj KohliBharti Enterprises -- parent of Bharti Airtel, appointed PespsiCo veteran Rahul Bhatnagar as Managing Director & Chief Financial Officer, and said Manoj Kohli will step down.Bhatnagar will report to Sunil Bharti Mittal, Chairman, Bharti Enterprises.Rah...
Nilesh Shivji Vikamsey appointed part-time Federal Bank Chairman Nilesh Shivji Vikamsey has been appointed as Part-Time Chairman of Federal Bank and the appointment has been approved by the Reserve Bank of India, the bank said.CA. Vikamsey, who will assume office on 20th June 2015, succeeds Prof. Abraham Koshy, who retired from the Bo...
MTNL CMD PK Purwar resigns MTNL's chairman and managing director PK Purwar has resigned, the company said.MTNL gave no reason for the development, but only said that Purwar had "relinquished the charge of CMD."NK Yadav has been appointed in his stead as the new MTNL head, it said.Purwar, a ...
Tata Motors changes passenger vehicle unit head Tata Motors said it had appointed Mayank Pareek as President, Passenger Vehicle Business Unit (PVBU). He will join the company on 1st October, 2014 and will take over from Mr. Ranjit Yadav, who will now head the International Business for Passenger & Commercial vehicles.T...
HUL appoints new sales head Hindustan Unilever Limited, India's biggest FMCG company, said it has changed its sales and customer development head.It said it has appointed Punit Misra, currently Vice President for Route To Market (RTM) for Distributive Trade/Traditional Trade and Cash & Carry, as Exe...
Struggling Hexaware changes CEO of six years Hexaware Technologies, a provider of IT, BPO and Consulting services, has changed its CEO after failing repeatedly to meet shareholder expectations.The company, which has seen poor performance over the last year despite an improving demand climate in the US, has replaced its ...
Infosys says next CEO not decided yet Infosys Ltd said it has not made up its mind about its next CEO, and media speculation about the next leader being from outside the company was just that."The company's search for its new Chief Executive Officer and Managing Director continues and no decision has been taken i...