In this article
Coca-Cola
Chief Operating Officer Henrique Braun will succeed James Quincey as CEO next year, the company said Wednesday, as Coke and its rivals navigate tepid consumer demand for soft drinks.
The change will take effect on March 31, and Braun will be nominated to the company’s board of directors, Coca-Cola said. Quincey will stay on with the company as executive chairman of its board.
Quincey, 60, has held the top job at the beverage giant since 2017. During that time, he oversaw the refranchising of Coke’s bottling system, the company’s strategy through the Covid pandemic and its focus on beverages perceived as healthier.
