Coca-Cola has established a federally permitted alcohol subsidiary called Red Tree Beverages to further explore the US alcohol beverage business, Coke’s Chief of New Revenue Streams Dan White told BD in an interview. The unit, created late last year and “firewalled” from Coca-Cola’s non-alcoholic operations, is permitted to participate in marketing and strategy around ready-to-drink alcohol brands based on Coke trademarks that are produced by third parties including...

A pressing question for 2023 is whether Coca-Cola, PepsiCo, and Keurig Dr Pepper will face a more challenging consumer and pricing environment later this year, especially in the US. Goldman Sachs estimates that by mid-January Americans had spent down...

Coca-Cola has announced the promotion of Latin America Operating Group President Henrique Braun to a new role as President of International Development. The appointment makes him a top contender to succeed Chairman and CEO James Quincey. When he starts officially on Jan. 1, Braun will oversee ...

Incoming Coca-Cola North America Operating Unit President Jennifer Mann has announced her leadership team and key organizational changes intended to “accelerate our growth, improve speed and capabilities, and make it easier to get work done,” she told staff in a Nov. 29 internal memo to staff. Key appointments include the promotion of Joel Bishop, currently an SVP and GM for the Glaceau hydration business unit, to head of strategy for North America. Outgoing Strategy Chief Diego Granizo will become a key advisor to Mann “while he identifies his next role and supports the transition,” she said. Mann also added a new Customer Care team, to be led by Sean Lee, focused on ...

Incoming Coke North America President Mann Sets Leadership, Structure for 2023.
Key Changes Include Focused Fountain and Retail Customer Teams.

Incoming Coca-Cola North America Operating Unit President Jennifer Mann has announced her leadership team and key organizational changes for 2023, according to an internal staff announcement today. Mann said the changes will “accelerate our growth, improve speed and capabilities, and make it easier to get work done.” The new structure includes the separation of foodservice/on-premise operations (known also as fountain) from operations related to retail customers including groceries and convenience stores. “We are intentionally splitting...

Coca-Cola will eliminate an unspecified number of jobs within its North America Operating Unit under a voluntary separation program announced internally last week. The employee reduction will set the stage for structural changes under...

A day before transitioning to executive chairman on July 29, Keurig Dr Pepper Chairman and CEO Bob Gamgort updated investors on his upcoming M&A focus as he hands the ...