‘Never Say Never’ On Coke Brand Experiments, Non-Monster Energy Plays. Sees Coffee Growth. Says Femsa Relationship ‘Strong.’
December 17, 2019
Coke CEO James Quincey joined Future Smarts after a visit that morning to the New York Stock Exchange, where he and other executives celebrated Coca-Cola’s 100th anniversary as a public company by ringing the opening bell. Quincey now is in his third year as CEO of Coke. He was additionally named chairman of the board in April. Quincey joined Coke in 1996 and has spent the majority of his career in Latin America and then Europe before becoming COO under former CEO Muhtar Kent in August of 2015. Quincey’s focus as CEO has been to grow brand Coke while diversifying the company’s portfolio to everything from coffee drinks to plant-based offerings. Early this year, he closed on the acquisition of UK-based Costa Coffee, a chain of cafés stretching across Europe...
This story is a recap of highlights from his Future Smarts conference appearance Dec. 9 in New York.
2020 Priorities Include Plastic, Choice and Transportation. On Bottle Bills: ‘No one-size-fits-all solution.' On Sugar: ‘We have to stay vigilant.’
December 5, 2019
Katherine Lugar has been busy during her first year as president and CEO of the American Beverage Association. In October, she hosted the organization’s 100th anniversary celebration and advocacy summit in Washington DC, which included hundreds of beverage industry executives from across the US. Following months of negotiation and planning, Lugar also announced “Every Bottle Back,” which is the first collaboration between Coca-Cola, PepsiCo and Keurig Dr Pepper to reduce plastic waste (BD 11/13/19). The initiative incorporates expertise from the World Wildlife Fund, the Recycling Partnership and Closed Loop Partners. Next week, Lugar will present at BD’s Future Smarts conference in New York. We caught up with Lugar to discuss the past year and priorities for 2020. The following has been edited for clarity and space:
Honest Tea’s Seth Goldman said he’s leaving the organic beverage company he founded almost 22 years ago. In a Nov. 14 blog post, Goldman said he will step down as TeaEO Emeritus of Honest at the end of this year to focus on a new venture
Beverage incubator LA Libations has sold a 49% investment stake to Molson Coors. The brewer wants to diversify its beverage portfolio to include more non-alcoholic offerings as beer sales lag. Coca-Cola had a 25% stake in LA Libations before
Green Sprite Bottles Gone in SE Asia. Sweden Goes 100% Recycled. CCEP Launches KeelClip
November 26, 2019
Coca-Cola and its bottlers made a number of key sustainability announcements around the world in recent weeks as the system looks to respond to consumer demand and stave off forced regulation. In Southeast Asia, the company said it will
Invite-Only Internal Event Hacks Incubation Process. Store Tests Aim to ‘Break Though All the Noise’ Bombarding Consumers
November 26, 2019
7-Eleven hosted its second-annual “Brands With Heart” event to get an early and organized look at the crowded pipeline of US food and beverage startups. BD spoke to Harkness to better understand 7-Eleven’s strategy around emerging brands.