ATLANTA, Oct. 16, 2014 – The Board of Directors of The Coca‑Cola Company today elected Timothy K. Leveridge a Vice President of the Company, effective immediately.
Leveridge, 44, was named Director of Investor Relations in July. He began his career with the Company in 1996 and has assumed roles of increasing responsibility including Senior Manager in Investor Relations, Finance Director in the Company’s Adriatic and Balkans business unit and Finance Director in the Russia, Ukraine and Belarus business unit. Leveridge most recently served as Director of Industry Insights in Mergers and Acquisitions.
Before joining The Coca‑Cola Company, Leveridge was an auditor with Arthur Andersen, LLP. He holds a Bachelor of Business Administration in Accounting from Baylor University and is a Certified Public Accountant.
The Board today also declared a regular quarterly dividend of 30.5 cents per common share. The dividend is payable December 15, 2014, to shareowners of record as of December 1, 2014.
The Board earlier this year approved the Company's 52nd consecutive annual dividend increase, raising the quarterly dividend 9 percent from 28 cents to 30.5 cents per share. This is equivalent to an annual dividend of $1.22 per share, up from $1.12 per share in 2013. The increase reflects the Board's continued confidence in the Company's long-term cash flow.
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, one of the world's most valuable and recognizable brands, our Company's portfolio features 17 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 1.9 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 www.coca-colacompany.com, follow us on Twitter at twitter.com/CocaColaCo, or find us on LinkedIn at www.linkedin.com/company/the-coca-cola-company.