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The Coca-Cola Company Announces New Leaders in Operations
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Rhea-AI Summary
Evguenia Stoichkova has been appointed as the new president of Global Ventures at NYSE:KO, effective January 1, 2023. She transitions from her role as president of the Eurasia & Middle East operating unit, where she served since 2021. Sedef Salingan Sahin will succeed Stoichkova in her previous position, starting on the same date. This move aims to enhance the company's focus on global brand expansion, including key acquisitions like Costa Coffee and investments in Monster Beverage Corp..
Positive
Appointment of experienced leaders aims to strengthen global brand presence.
Stoichkova's background in Eurasia & Middle East role may enhance strategic growth.
Negative
None.
Evguenia Stoichkova Named President of Global Ventures; Sedef Salingan Sahin to Lead Eurasia & Middle East Operating Unit
ATLANTA--(BUSINESS WIRE)--
The Coca-Cola Company announced today that Evguenia “Jeny” Stoichkova has been named president of Global Ventures, a unit of the company that focuses on globally scaling acquisitions and brands, including Costa Coffee and Coca-Cola’s investment in Monster Beverage Corp.
Stoichkova currently serves as president of the company’s Eurasia & Middle East operating unit. Prior to her current role, which she has held since 2021, Stoichkova was president of the company’s former Turkey, Caucasus and Central Asia business unit from 2017 to 2020. Stoichkova begins her new role Jan. 1, 2023, and will report to President and Chief Financial Officer John Murphy.
Stoichkova will be succeeded as president of the Eurasia & Middle East operating unit by Sedef Salingan Sahin, who currently serves as president of the nutrition, juice, dairy and plant category for the company. Sahin begins her new role Jan. 1, 2023, and will report to Chairman and CEO James Quincey.
The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company’s purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our hydration, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Gold Peak and Ayataka. Our nutrition, juice, dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn.
