Announces Quarterly Dividend
ATLANTA, April 25, 2013 – The Board of Directors of The Coca-Cola Company today elected Robin Moore a Vice President of the Company, effective immediately.
Moore, 47, was recently named Chief of Internal Audit effective May 1, 2013, replacing Connie McDaniel who is retiring after 24 years with the Company. Moore is currently Global Director, Finance Operations in Global Business Services. She began her career with the Company in 1995 and has assumed roles of increasing responsibility including Senior Audit Manager in Corporate Audit and Director of Financial Reporting in the Controller’s Group.
Before joining The Coca-Cola Company, Moore held positions with Ernst & Young in Atlanta, Equitable Real Estate Investment Management Inc. and the Bank of North Georgia. She holds a Bachelor of Business Administration in Accounting from Emory University.
The Board today also declared a regular quarterly dividend of 28 cents per common share. The dividend is payable July 1, 2013, to shareowners of record as of June 14, 2013.
In February, the Board of Directors approved the Company's 51st consecutive annual dividend increase, raising the quarterly dividend 10 percent from 25.5 cents to 28 cents per share. This is equivalent to an annual dividend of $1.12 per share, up from $1.02 per share in 2012. The dividend reflects the Board’s confidence in the Company’s long-term cash flow.
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Led by Coca-Cola, the world's most valuable brand, our Company's portfolio features 16 billion-dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally, we are the No. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of more than 1.8 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system associates. For more information, visit Coca-Cola Journey at www.coca-colacompany.com, follow us on Twitter at twitter.com/CocaColaCo or visit our blog, Coca-Cola Unbottled, at www.coca-colablog.com.