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Coca-Cola Announces Promotions in Operational Leadership

October 18, 2018
Coca-Cola
Coca-Cola

The Coca-Cola Company today announced new roles for four operational leaders, including the naming of two new group presidents. The company also announced the creation of a Global Ventures position. The promotions are a follow-up to an earlier announcement about the company’s election of a new president and chief operating officer and the transition to a new chief financial officer.

See Coca-Cola's org chart here

Manuel “Manolo” Arroyo will become group president for the Asia Pacific region. He will replace John Murphy, who has been elected to become executive vice president and chief financial officer on March 16, 2019, after a transition period with the current CFO, Kathy Waller.

Nikos Koumettis has been named as a group president, overseeing Europe, Middle East and Africa (EMEA). He replaces Brian Smith, who has been elected to become president and chief operating officer. Koumettis currently serves as president of the Central and Eastern Europe (CEE) business unit, where he oversees a large territory that includes 26 countries from Russia to Italy.

Jennifer Mann, the company’s Chief People Officer, will take on additional duties as president, Global Ventures. In this newly created position, Mann and her team will focus on globally scaling acquisitions and brands, such as Costa Limited, which is pending acquisition, and Coca-Cola’s investment in Monster Beverage Corp. Mann and her team will also identify and nurture the next series of fast-growing opportunities. Coca-Cola plans to announce the election of a new Chief People Officer at a future date.

Mann and all Coca-Cola group presidents will report to Smith. All changes take effect Jan. 1, 2019.