Francisco Crespo, Robert Long, Jennifer Mann, Bea Perez Elected as Senior Vice Presidents; Barry Ballow Elected as Vice President
ATLANTA, April 27, 2017 — The Board of Directors of The
Francisco Crespo, who currently serves as President of the Mexico business unit, has been elected as a Senior Vice President in his new role as Chief Growth Officer. A 28-year company veteran, Crespo will lead the company’s global marketing, corporate strategy, and customer and commercial leadership teams to create a consolidated team with a clear mandate for driving global growth. This new role will lead the evolving category cluster model focused around five beverage categories: sparkling soft drinks; energy; juice, dairy and plant-based drinks; water, enhanced water and sports drinks; and tea and coffee.
Robert Long, currently Vice President, Research and Development, has been elected as a Senior Vice President in his new role as Chief Innovation Officer. Long is a 13-year company veteran. As previously announced, the creation of the Chief Innovation Officer role is indicative of the company’s increased focus on accelerating the growth of its consumer-centric brand portfolio with hundreds of new products and continued innovation in beverages, packaging, ingredients, and other areas of the business around the world.
Jennifer Mann, currently Chief of Staff to Quincey, has been elected as a Senior Vice President. A 20-year veteran of the company, her role has been expanded as Chief People Officer.
Bea Perez, currently Vice President and Chief Sustainability Officer, has been elected as a Senior Vice President in her new role as Chief Public Affairs, Communications and Sustainability Officer. In this role, Perez will leverage the important external stakeholder work done in Public Affairs and Communications, sustainability and partnerships in a more strategic, integrated and holistic way. Perez is a 23-year company veteran.
Barry Ballow, currently Finance Director for Global Juice and Still Beverages, has been named Vice President following his recent appointment as Chief of Internal Audit. During a nearly 27-year career in the
The Board today also declared a regular quarterly dividend of 37 cents per common share. The dividend is payable July 3, 2017 to shareowners of record as of June 15, 2017. The Board earlier this year approved the company’s 55th consecutive annual dividend increase, raising the quarterly dividend 6 percent from 35 cents to 37 cents per common share. This is equivalent to an annual dividend of $1.48 per share, up from $1.40 per share in 2016.
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