The CEO of Coca Cola holds several leadership roles around the world. Coca-Cola is a well-known American multinational beverage corporation that was founded in 1892. In today’s post, I will discuss everything about who is the CEO of Coca-Cola, including the owner and founder of the organization.
Who Is The CEO Of Coca Cola?
The CEO of Coca Cola is James Robert B. Quincey who is often known as James Quincey. James is a famous British businessman based in the United States. James joined the Coca-Cola company in 1996 and was later named the chief operating officer COO of Coca-Cola.
You can keep on reading further to know more about the current and former CEOs of Coca-Cola.
About The CEO Of Coca Cola
Coca Cola’s current CEO James was born on 8 January 1965 in London, England. He used to live in Hanover, New Hampshire, US for about three years. Here, his father was a lecturer in biochemistry at Dartmouth College. James and his family moved to Birmingham, England when he was just five years old.
In England, James earned a bachelor’s degree in electronics engineering from the University of Liverpool. Very few people know that James is fluent in Spanish! Before joining Coca-Cola, James used to work with Bain & Co and a smaller consultancy. While working with Coca-Cola, he used to live in Latin America and also worked for Coke in Mexico. In Mexico, James led the acquisition of Jugos del Valle.
Before James, Muhtar Kent was the former CEO of Coca Cola. Muhtar is a Turkish-American business executive and was also the chairman of the Coca-Cola company. Muhtar was declared the CEO of the company in 2008 and the chairman in 2009. In 2016, the company announced that Kent would step down as the CEO in 2017.
James was the president of the Northwest Europe & Nordics Business Unit from 2008 to 2012. Later, in 2013, he went on to become the president of Coca-Cola’s Europe Group. Coke made James their chief operating officer COO in 2015. Later that year, James also became the president of the company.
Coca-Cola’s current CEO outlined a plan to have five category clusters for brands in the company. In fact, he even changed management and the entire Coke hierarchy too! After becoming the CEO, he reduced 1200 corporate positions as a part of a plan to invest in new products. He also wanted to restore the year’s revenue and profit growth from four to six percent.
Do you know who is the owner of Coca-Cola? Berkshire Hathaway, BlackRock, and The Vanguard Group are owners of the Coca-Cola company. Whereas Asa Griggs Candler is the founder of Coca-Cola. Apart from this, Gareth McGeown is the CEO of Coca-Cola Philippines.
James even later launched a plan to recycle a bottle for every bottle sold by 2030. Quincey was also elected as the chairman of the board in 2019. Later, Quincey announced the planned discontinuation of many of its slower-selling products like Tab and Zico coconut water. James is married to Jacqui and the couple has two children. The whole Quincey family currently lives in Atlanta, Georgia.
The CEO of Coca Cola has a net worth of about $26 million dollars as of 2023. He even owns about 401,908 shares of Coca-Cola Co (Ko) stock worth over $26 million. Whereas the CEO of the Coca-Cola company’s salary is about $1.6 million approximately!
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FAQ
Who Is The CEO Of Coca-Cola Today?
James Quincey is Chairman and CEO of The Coca-Cola Company. Quincey, who first joined the company in 1996, has held a number of leadership roles around the world.
Who Is The CEO Of Coca-Cola 2022?
Hindustan Coca-Cola Beverages appoints Juan Pablo Rodriguez as CEO. Rodriguez will take over from current Chairman and CEO Neeraj Garg, who will retire in 2022, and the transition will begin in September this.
Who Owns Most Of Coke?
The Coca-Cola Company is a publicly listed company, meaning there is not one sole owner, but rather the company is ‘owned’ by thousands of shareholders and investors around the world. However, the largest shareowner of the company is American businessman Warren Buffett.
What Is The Net Worth Of Coca-Cola 2022?
Coca Cola net income for the twelve months ending September 30, 2022 was $9.925B, a 12.62% increase year-over-year. Coca Cola annual net income for 2021 was $9.771B, a 26.13% increase from 2020. Coca Cola annual net income for 2020 was $7.747B, a 13.15% decline from 2019.
How Much Money Does The CEO Of Coca-Cola Have?
The estimated Net Worth of James Quincey is at least $64.8 Million dollars as of 7 March 2023. Mr. Quincey owns over 46,421 units of Coca-Cola Co stock worth over $35,238,711 and over the last 10 years he sold KO stock worth over $10,852,151.
Conclusion
James is the current chairman and chief executive officer of the Coca-Cola company. James often use to say he wanted to rid the Coke company’s culture of over-cautiousness concerning risk. Whereas Muhtar Kent was the former CEO of Coca-Cola before James. And the CEO of Coca-Cola’s net worth is roughly $26 million dollars as of 2023. The CEO of Coca Cola also wants to diversify Coke’s portfolio by accelerating investments in startup businesses.
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