The Board of Directors of The Coca-Cola Company Announces 53rd Consecutive Annual Dividend Increase
19 Febrero 2015 - 10:06AM
Business Wire
Increases Quarterly Dividend by 8
Percent
Elects Marcos de Quinto as Executive Vice
President
The Board of Directors of The Coca-Cola Company today approved
the Company's 53rd consecutive annual dividend increase, raising
the quarterly dividend 8 percent from 30.5 cents to 33 cents per
common share. This is equivalent to an annual dividend of $1.32 per
share, up from $1.22 per share in 2014. The first quarterly
dividend is payable April 1, 2015, to shareowners of record as of
March 16, 2015.
The increase reflects the Board's confidence in the Company's
long-term cash flow. The Coca-Cola Company returned $5.4 billion in
dividends to shareowners in 2014, bringing to $23.3 billion the
amount returned to shareowners through dividends since Jan. 1,
2010.
The Board today also elected Marcos de Quinto, Chief Marketing
Officer (CMO), as an Executive Vice President of the Company. His
election is effective immediately.
De Quinto became the Company’s CMO on Jan. 1, 2015, after
serving for 14 years as President of Coca-Cola’s Iberia Business
Unit, which covers Spain and Portugal.
De Quinto joined the Company in 1982 in the marketing department
of Coca-Cola Spain. During his career at the Company, he has held
positions of increasing responsibility, including district manager,
distribution manager, and distribution and merchandising manager.
From 1992 to 1995, de Quinto served as division marketing manager,
Coca-Cola Southeast and West Asia. He served as marketing director
of the German Division from 1995 to 1996, after which he became
regional manager, Coca-Cola Spain. In January 2000, de Quinto
became President of the Iberia Business Unit. He also served as
Vice President of the Company’s Europe Group.
De Quinto earned an economics degree from Complutense University
of Madrid and an MBA from the Instituto de Empresa in Madrid.
About The Coca-Cola
Company
The Coca-Cola Company (NYSE: KO) is the world's largest beverage
company, refreshing consumers with more than 500 sparkling and
still brands. Led by Coca-Cola, one of the world's most valuable
and recognizable brands, our Company's portfolio features 20
billion-dollar brands including, Diet Coke, Fanta, Sprite,
Coca-Cola Zero, vitaminwater, POWERADE, Minute Maid, Simply,
Georgia, Dasani, FUZE TEA and Del Valle. Globally, we are the No. 1
provider of sparkling beverages, ready-to-drink coffees, and juices
and juice drinks. Through the world's largest beverage distribution
system, consumers in more than 200 countries enjoy our beverages at
a rate of 1.9 billion servings a day. With an enduring commitment
to building sustainable communities, our Company is focused on
initiatives that reduce our environmental footprint, support
active, healthy living, create a safe, inclusive work environment
for our associates, and enhance the economic development of the
communities where we operate. Together with our bottling partners,
we rank among the world's top 10 private employers with more than
700,000 system associates. For more information, visit Coca-Cola
Journey at www.coca-colacompany.com, follow us on Twitter at
twitter.com/CocaColaCo, visit our blog, Coca-Cola Unbottled, at
www.coca-colablog.com or find us on LinkedIn at
www.linkedin.com/company/the-coca-cola-company.
The Coca-Cola CompanyInvestorsTim Leveridge,
+01-404-676-7563orMediaAmanda Rosseter,
+01-404-676-2683press@coca-cola.com
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