ATLANTA, April 28, 2016 — The Board of Directors of The Coca‑Cola Company today elected Helen Smith Price and Christine Quinn as Vice Presidents of the company, effective immediately.
Price was named Vice President of Global Community Affairs for The Coca‑Cola Company and President of The Coca‑Cola Foundation, effective April 16.
In this role, she is responsible for driving the Foundation’s global operations including grant making, financial requirements, and regulatory compliance for domestic and international philanthropy.
Price joined the company in 1993 as Corporate External Affairs Director and from 2001-2016 served as Assistant Vice President and Group Director of Global Community Affairs and Executive Director of The Coca‑Cola Foundation. Before joining Coca‑Cola, she held roles in the tax and accounting departments at BellSouth Corporation and Arthur Andersen & Co. She was licensed as a certified public accountant in the state of Georgia, and has a Masters of Business Administration from Clark Atlanta University, and a Bachelor of Science degree in Chemistry from Spelman College.
Quinn was named Director, Flavor Ingredient Supply, replacing Mary Riddle, who is retiring from the company after more than 45 years of service. In this role, Quinn leads the company’s supply chain activities for all flavor ingredients used across the global system.
Prior to this role, Quinn was Assistant Director, Flavor Ingredient Supply. She joined The Coca‑Cola Company in 1981 and has held positions of increasing responsibility in Quality Assurance, Recycling Programs and Crisis Management for Coca‑Cola North America. Quinn received her Bachelor of Science degree in Chemistry from the University of Idaho and her Masters of Business Administration from Georgia State University.
The Board today also declared a regular quarterly dividend of 35 cents per common share. The dividend is payable July 1, 2016, to shareowners of record as of June 15, 2016. The Board earlier this year approved the company’s 54th consecutive annual dividend increase, raising the quarterly dividend 6 percent from 33 cents to 35 cents per common share. This is equivalent to an annual dividend of $1.40 per share, up from $1.32 per share in 2015.
The Coca‑Cola Company (NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands and more than 3,800 beverage choices. Led by Coca‑Cola, one of the world's most valuable and recognizable brands, our company’s portfolio features 20 billion-dollar brands, 18 of which are available in reduced-, low- or no-calorie options. Our billion-dollar brands include Diet Coke, Coca‑Cola Zero, Fanta, Sprite, Dasani, vitaminwater, Powerade, Minute Maid, Simply, Del Valle, Georgia and Gold Peak. Through the world's largest beverage distribution system, we are the No. 1 provider of both sparkling and still beverages. More than 1.9 billion servings of our beverages are enjoyed by consumers in more than 200 countries each day. With an enduring commitment to building sustainable communities, our company is focused on initiatives that reduce our environmental footprint, 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 www.coca-colacompany.com, follow us on Twitter at www.twitter.com/CocaColaCo or find us on LinkedIn at www.linkedin.com/company/the-coca-cola-company.