Skip to main content

Coca-Cola international restructures operations

The Coca-Cola Company has announced a new streamlined international structure to align operating units against its global bottling footprint and to promote and develop key Coca-Cola leaders. Making the announcement recently, Chief Executive Officer, Muhtar Kent, said the move will lay the foundation for strong leadership and management continuity for the company. He said the new structure outlines important changes to its international operation in order to better support evolving bottler footprint, and also, to demonstrates its dept of management experience Coca- Cola is fortunate to have in its system.
The Chief Operating Officer, James Quincey also added that as the company continue to implement its five strategic actions for growth, it is critical that organizational structure enables the speed, agility and inspirational leadership that are necessary to win today and in the future. Quincy noted that the changes announced streamline Coca-Cola’s international structure, and reflect strong talent succession as well as commitment to developing the next generation of leaders for the company.
Under the new international structure, Nigeria will now host the newly formed West Africa Business Unit which will be 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.
The international operating structure and leadership changes expected to be effective from August include forming 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. In Europe, the Central and Southern Europe and Russia, Ukraine and Belarus business units will be combined into a new business unit, the Central and Eastern Europe, to better support the bottling footprint in that region.

Comments

Post a Comment

Popular posts from this blog

A New Trend In The Crypto World - The ENCOCOIN

GeneX Globalbits ltd has launched the encocoin!! 1EncoCoin is valued @$1(#358) now.  Encocoin is convertible to bitcoin, Ethereum, bitcoin Cash, litecoin,  ,dash,Nigerian Naira, US dollars and other world currencies. Been a peer-to-peer electronic monetary system based on block chain technology, encocoin is the advanced solution for local money transactions with a global market usage. A lot seems to be going on with this coin and creating a lot of waves on the internet. Encocoin trends on different places on the net. The coin is said to offers entrepreneurs access to the most convenient method of payment when it comes to making payments regarding business expenses including wages, payments for suppliers, for goods and services all over the world, within seconds, with an extremely low/customizable transaction fee. Transactions with encocoin are free from all bureaucratic bottlenecks and cumbersome traditional banking procedures. Entrepreneurs can as well use EncoCoin (NKN)...
Post a Comment
Read more

Dangote Plans To Generate 12,000MW Of Electricity

The President, Dangote Industries, Aliko Dangote, has said his company should be able to generate about 12,000 megawatts of electricity for the country by 2018. He also said that his business estate would start selling foreign exchange to the Central Bank of Nigeria by 2020. Dangote, who spoke in Lagos on Monday 7th, at the Nigerian Economic Summit organised by Economist Events, an arm of The Economist of London, said, “We are looking at a situation that by 2020, we will be the one selling FX to the CBN. Our projects are mainly import substitution. We are working to be self-sufficient to grow about a million tonnes of rice over the next five years. “Our gas project would have our gas pipelines on the seabed. The output should be able to provide about 12,000MW of power. We see a lot of transformation when we are done with most of our projects by 2018. “We have 15 countries in the ECOWAS community that are duty-free. The export market is big and profitable if you have the ca...
Post a Comment
Read more

A Silent Cry....

The word "abuse"..i am sure rings a bell. It has become common place in our society.Talk about different kind of abuse rampant in our midst like drug abuse, child abuse, violence against women, human right abuse, emotional abuse, etc... What exactly is the effect of abuse?
Post a Comment
Read more