Coca-Cola Appoints New Chief Operating Officer and Announces Succession Plan for Chief Financial Officer

Coca-Cola Co.

KO -0.22%

Appointed Brian Smith to the position of Chief Operating Officer, effective January 1, 2019. He is a 21-year veteran of the company and is currently President of the EMEA Group, a position he has held since 2016 Coke also announced the resignation of CFO Kathy Waller after 32 years with the company; She has been Chief Financial Officer since 2014. John Murphy, President of Coke's Asia-Pacific Group, will become Deputy Chief Financial Officer effective January 1, 2019 and March 16, 2019. He has held his current position since 2016. Coca-Cola since 1988. Nancy Quan, Technical Manager of Coca-Cola North America, has been appointed Technical Manager to replace Ed Hays, who will retire on March 31, 2019. And Barry Simpson, Chief Information Officer, has an expanded role with same title, with effect on January 1, 2019. The Coca-Cola stock is virtually unchanged for the year so far, while the Dow Jones Industrial Average index

DJIA, -1.11%

is up 3.5% for the period.

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