Board of Directors Elects Brian Smith to Serve as Incoming President and COO, Reporting to CEO James Quincey
Kathy Waller to Retire, Succeeded by John Murphy as Chief Financial Officer
New Chief Technical Officer Appointed, Chief Information Officer Expands Duties
ATLANTA, Oct. 18, 2018 – The
The board of directors today elected Brian Smith to serve as president and COO, effective Jan. 1, 2019. He will report to James Quincey, the company’s CEO. Smith is a 21-year
The appointment of a president and COO will allow Quincey, who has served as CEO since May 2017 and is a member of the board of directors, to focus on the overall long-term strategic direction and success of the company. Smith is well-equipped to lead the company’s field operations and bring an accelerated focus on executing against key strategies, due to his deep knowledge of the global
John Murphy, who currently serves as president of the company’s Asia Pacific group, will become senior vice president and deputy CFO on Jan. 1, 2019. He will be elevated to executive vice president and CFO on March 16, 2019, following the retirement of Kathy Waller.
Waller currently serves as executive vice president, CFO and president of Enabling Services. She will depart the company after 32 years of service to
Smith named president and COO
Smith joined the company in 1997. His prior roles include serving as president of both the Brazil and Mexico divisions before being named group president for Latin America. He was named to his current position as group president of EMEA in 2016. His full bio is available at https://www.coca-colacompany.com/our-company/operations-leadership-brian-smith.
In EMEA, Smith oversaw the successful integration of the Europe, Eurasia and Africa groups into one cohesive operating group. Under his leadership, the group has grown organic revenues over the past eight quarters. In Latin America, Smith oversaw the acquisitions of several brands, including AdeS in Argentina and Santa Clara in Mexico.
Quincey became CEO on May 1, 2017. Prior to that role, he served as president and COO. Quincey’s full bio is at https://www.coca-colacompany.com/our-company/operations-leadership-james-quincey.
“I have tremendous respect for Brian, who is a valued business partner,” Quincey said. “He is the ideal person to steer the in-market executional leadership of the company, which will allow me to focus on the strategic direction of
Waller will retire from
Murphy took his current role as head of the Asia Pacific group in 2016. He is also responsible for the company’s Bottling Investments Group, which today is primarily focused on key markets in Southeast and Southwest Asia. He has worked in the
As CFO, Murphy will be responsible for leading the company’s global finance organization, including mergers and acquisitions; investor relations; tax; treasury; audit; accounting and controls; financial reporting; real estate; and risk management.
“I join everyone at
New Chief Technical Officer appointed; Chief Information Officer adds duties
The company also announced that Nancy Quan has been elected senior vice president and appointed Chief Technical Officer, effective Jan. 1, 2019, reporting to Quincey. She currently serves as a vice president for the company and Chief Technical Officer for
Quan succeeds Ed Hays, who will retire from the company on March 31, 2019. Hays will transition to a role as senior advisor on Jan. 1, 2019, reporting to Quincey. Hays, who has served as senior vice president and CTO since 2015, joined the company in 1985. His bio is available at https://www.coca-colacompany.com/our-company/senior-functional-leadership-dr-ed-hays.
Finally, Barry Simpson, who serves as senior vice president and CIO, is adding new duties that include oversight of portions of the company’s Enabling Services organization. These functions currently report to Waller. Simpson, who will have the new title of senior vice president and Chief Information and Integrated Services Officer, will begin his expanded duties Jan. 1, 2019. Simpson’s bio is available at https://www.coca-colacompany.com/our-company/senior-leadership--barry-simpson.
The fairlife® brand is owned by fairlife LLC, our joint venture with Select Milk Producers Inc. Products from fairlife are distributed by our company and certain of our bottling partners.
Investors and Analysts: Tim Leveridge +1 404.676.7563
Media: Scott Leith +1 404.676.8768
More on Journey
Coca-ColaCompany Reports Continued Strong Results in Second Quarter 2018
Coca-ColaCompany Announces Timing of Second Quarter 2018 Earnings Release and Investor Conference Call
Coca-ColaCompany to Present at Deutsche Bank Global Consumer Conference
Board of Directors of The
Coca-ColaCompany Declares Quarterly Dividend
Coca-ColaCompany to Participate in Barclays Global Consumer Staples Conference