Coca-Cola Shuffles Exec Ranks at US Operations
Coca-Cola is shuffling its executive ranks and organizational structure at its North America business, which has struggled with a decline in soda sales.
The world’s biggest beverage-maker said Thursday that Steve Cahillane, president of Coca-Cola Americas, has left the company to pursue other opportunities.
Coca-Cola Co. also noted that, beginning Jan. 1, it will split its North America business into two operating units, among other planned structural changes.
It named Global Chief Customer Officer J.A.M. “Sandy” Douglas to be group president of one unit, Coca-Cola North America.
The second unit, Coca-Cola Refreshments, will be headed by Bottling Investments Group executive Paul Mulligan.
The maker of Sprite, Powerade and Vitaminwater has seen global sales volume grow in emerging markets, but Americans continue to cut back on soda.
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