Coca-Cola Company Announces New International Structure, Nigeria Is W/A HQs

The Coca-Cola Company has announced a new streamlined international structure for the purpose of aligning its operating units against its global bottling footprint and to promote and develop key Coca-Cola leaders.
The chairman and chief executive officer, of Coca-Cola’s Muhtar Kent, said, “The announcement outlines important changes to our international operating structure that better support our evolving bottler footprint and demonstrate the deep bench of management experience we are fortunate to have in the Coca-Colasystem. These moves will continue to lay the foundation for strong leadership and management continuity.”
Also, the president and chief operating officer of the Company, James Quincey added, “As we continue to implement our five strategic actions for growth, it is critical that our organizational structure enables the speed, agility and inspirational leadership that are necessary to win today and in the future. The changes we are announcing today streamline our international structure, and reflect strong talent succession and a commitment to developing the next generation of leaders at our company.”
Under the new international structure, Nigeria will now host the newly formed West Africa Business Unit which will based in Lagos and oversee Coca-Cola’s operations across 31 countries with Peter Njonjo as President. The announcement also includes the reassignment of Kelvin Balogun, currently President for Coca-Cola Central, East and West Africa, as the President of the newly formed South and East Africa Business Unit.
According to the Company, International operating structure and leadership changes, include Europe, Middle East and Africa Group. The Company will form a Europe, Middle East and Africa (EMEA) Group, consisting of the business units that currently make up the Europe and the Eurasia and Africa Groups.
It stated that in Europe, the Central and Southern Europe and Russia, Ukraine and Belarus business units will be combined into a new business unit, Central and Eastern Europe to better support the bottling footprint in that region.
“Brian Smith, currently president of the company’s Latin America Group, will become President, EMEA Group, reporting to Quincey. Smith is a 19-year Coca-Cola veteran who has a proven track record of driving business results, developing and exporting talent and providing strong franchise leadership across Latin America, including past roles as Division President of Brazil and Business Unit President for Mexico,” it said,
The company further hinted that as the new EMEA Group is created, Nathan Kalumbu, currently President, Eurasia and Africa Group, will focus on key initiatives across the Africa business, including the Africa bottler consolidation, as well as serve on a number.

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