The Coca-Cola Company Announces Retirements of Three Directors
23 Julio 2024 - 3:05PM
Business Wire
The Coca-Cola Company announced today that three longtime board
members – Barry Diller, Alexis Herman and Marc Bolland – are
retiring from their duties as directors effective Aug. 1.
The three directors have served a combined 48 years on The
Coca-Cola Company board.
“I thank Barry, Alexis and Marc for their years of service and
significant leadership they’ve provided for our company,” said
James Quincey, Chairman and CEO of The Coca-Cola Company. “All
three of these strong business leaders have made important
contributions in their own, distinct ways. They will be missed, and
I wish them all the best.”
Quincey said the company will continue its ongoing work to
refresh the board with new directors.
“Our board is comprised of a highly capable group of leaders who
are well-equipped to oversee our business and represent the
interests of our shareowners,” Quincey said. “We will ensure that
future nominees contribute to the collective expertise of our
board, just as Barry, Alexis and Marc have done over the
years.”
About Barry Diller
Diller has been a director of The Coca‑Cola Company since 2002
and chairman of the finance committee since 2013. He is chairman of
the board and senior executive of IAC Inc., a leading media and
Internet company.
Diller is also chairman of the board and senior executive of
Expedia Group Inc., an online travel company. He previously served
as special advisor to TripAdvisor Inc. from 2013 to 2017 and as its
chairman and senior executive from 2011, when it was spun off from
Expedia Inc., to 2012.
Diller is a director at MGM Resorts International.
About Alexis Herman
Herman has been a director of The Coca‑Cola Company since 2007.
She is chair and CEO of New Ventures LLC, a risk management
consulting firm.
Herman is chair of Toyota Motor Corp.'s Diversity Advisory
Board. She previously served as chair of the business advisory
board of Sodexo Inc., an integrated food and facilities management
services company.
As chair of The Coca-Cola Company’s Human Resources Task Force
from 2001 to 2006, Herman worked with the company to identify ways
to improve its human resources policies and practices following the
November 2000 settlement of an employment lawsuit.
Herman served as U.S. Secretary of Labor from 1997 to 2001. She
previously served as a director at Cummins Inc. and Entergy
Corp.
She is a director at MGM Resorts International, along with
Diller.
About Marc Bolland
Bolland has been a director of The Coca‑Cola Company since 2015.
He serves as senior advisor to Blackstone Group International
Partners LLP (Blackstone Europe). He was chairman of Blackstone
Europe from 2019 to 2023 and head of Blackstone’s European
Portfolio Operations from 2016 to 2022. Blackstone is the world’s
largest alternative asset manager.
He previously served as CEO and a director of Marks &
Spencer Group, an international, multi-channel retailer based in
the United Kingdom. He served as CEO and a director of WM Morrison
Supermarkets, a leading supermarket chain in the United Kingdom. He
also previously served as chief operating officer of Heineken N.V.,
one of the world’s largest brewers, and as an executive board
member of Heineken.
He previously served as a director of International Consolidated
Airlines Group.
Bolland is a director of Exor N.V.
About The Coca-Cola
Company
The Coca-Cola Company (NYSE: KO) is a total beverage company
with products sold in more than 200 countries and territories. Our
company’s purpose is to refresh the world and make a difference. We
sell multiple billion-dollar brands across several beverage
categories worldwide. Our portfolio of sparkling soft drink brands
includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and
tea brands include Dasani, smartwater, vitaminwater, Topo Chico,
BODYARMOR, Powerade, Costa, Georgia, Gold Peak and Ayataka. Our
juice, value-added dairy and plant-based beverage brands include
Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We’re
constantly transforming our portfolio, from reducing sugar in our
drinks to bringing innovative new products to market. We seek to
positively impact people’s lives, communities and the planet
through water replenishment, packaging recycling, sustainable
sourcing practices and carbon emissions reductions across our value
chain. Together with our bottling partners, we employ more than
700,000 people, helping bring economic opportunity to local
communities worldwide. Learn more at www.coca-colacompany.com and
follow us on Instagram, Facebook and LinkedIn.
The information contained on, or that may be accessed through,
our website or social media channels is not incorporated by
reference into, and is not a part of, this document.
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version on businesswire.com: https://www.businesswire.com/news/home/20240723114330/en/
Investors and Analysts: Robin
Halpern, koinvestorrelations@coca-cola.com Media: Scott Leith, sleith@coca-cola.com
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