A new era at Coca-Cola
Coca-Cola is making several changes to its c-suite on May 1 as James Quincey takes the helm. Mexico unit president Francisco Crespo will become chief growth officer; Robert Long will become chief innovation officer and Barry Simpson, chief information officer.
According to Wells Fargo analyst Bonnie Herzog: “It appears that Coca-Cola is reorganizing its business to increase focus on R&D/innovation and technology, which we believe is positive and places it in a stronger position for the future.”