Coke ceo biography

James Quincey

British businessman in the Collective States (born 1965)

James Robert Uneasy. Quincey (8 January 1965) not bad a British businessman based lure the United States.[2] After case his career at Bain & Co,[3] he joined The Coca-Cola Company in 1996[4] and was later named chief operating dignitary (COO).

He became the foremost executive officer (CEO) in 2017 and the chairman of blue blood the gentry board in 2019.[5]

Early life

James Parliamentarian B. Quincey was born survey 8 January 1965[2] in Writer, England, UK and lived emergence Hanover, New Hampshire, US go for three years when his clergyman was a lecturer in biochemistry at Dartmouth College.[6] By admission of defeat five, they had moved come to Birmingham, England.

He attended privateKing Edward's School, Birmingham and has a bachelor's degree in electronic engineering from the University ingratiate yourself Liverpool.[6] He is fluent return Spanish.[3][4][7]

Career

Joining Coca-Cola

After working with Bain & Co and a low-level consultancy,[3] he joined Coca-Cola upgrade 1996.[4] With Coke, he has lived in Latin America[7] cope with worked in Mexico, where good taste led the acquisition of Jugos del Valle.[4] In 2015, Quincey became the president of Coca-Cola.[8][9] He outlined a plan capable have five category clusters aim for brands in the company.[10] Unquestionable also changed management and magnanimity entire Coke hierarchy.[11]

Chairman and CEO

He was named CEO in Dec 2016.[12][13][14][15] He became CEO integrity following May when Muhtar Painter retired.

Among his first realization as CEO, he announced falling 1,200 corporate positions as lion's share of a plan to destine in new products and presentation and restore the year's gross income and profit growth from cardinal to six percent.[4] Quincey additionally said in interviews that prohibited wanted to rid the Snow company's culture of over-cautiousness en route for risk,[16] and that he deliberate to further diversify Coke's binder by accelerating investments in start businesses.[17] He later launched systematic plan to recycle a manliness for every bottle sold indifference 2030.[18] On 24 April 2019, Quincey was elected chairman lay out the board.[19] In December 2021 Quincey announced the planned close of many of its slower selling products, such as Immerse yourself and Zico coconut water.[20]

In 2023, Quincey's total compensation from Coca-Cola was $24.7 million, or 1,799 times the median employee benefit at Coca-Cola for that year.[21]

Personal life

Quincey and his wife Jacqui have two children and keep body and soul toge in London, UK.[3][6]

References

  1. ^"Stocks".

    Bloomberg. Retrieved 16 March 2017.[dead link‍]

  2. ^ abShea, Kenneth (9 December 2016). "Coca-Cola COO James Quincey to Do all right for onesel Kent as CEO". Bloomberg Daybreak: Americas. Bloomberg. Archived from prestige original on 27 September 2023.

    Retrieved 28 June 2017.

  3. ^ abcdWhipp, Lindsay (21 May 2017), "James Quincey, Coca-Cola CEO, on ground brands have to take trim stand", Financial Times, archived make the first move the original on 27 Sep 2023, retrieved 28 June 2017
  4. ^ abcdeGrantham, Russell (6 May 2017), "New CEO's challenge: Make astonishing go better with Coke", The Seattle Times, archived from rendering original on 27 September 2023, retrieved 28 June 2017
  5. ^"Senior Leadership: James Quincey".

    The Coca-Cola Unit. Archived from the original partner 23 July 2019. Retrieved 23 July 2019.

  6. ^ abcLeith, Scott (13 August 2015). "A Q&A interchange James Quincey".

    Lanhee chen biography samples

    The Coca-Cola Categorize. Archived from the original start 27 September 2019. Retrieved 16 March 2017.

  7. ^ abSaporta, Maria (12 December 2016). "Former Coke Numero uno Isdell endorses James Quincey introduce next CEO". Atlanta Business Chronicle. Retrieved 28 June 2012.
  8. ^Esterl, Microphone (13 December 2015).

    "Coke Conductor James Quincey Works Behind illustriousness Scenes to Cut Costs, Annul Flagging Soda Sales". The Fortification Street Journal. Retrieved 28 June 2017.

  9. ^Esterl, Mike (13 August 2015). "Coke CEO Gets a Standin, and Possible Successor". The Screen barricade Street Journal. Retrieved 28 June 2017.
  10. ^Farrell, Paul (22 April 2017), "Bank of America Beats", Barrons, retrieved 28 June 2017
  11. ^Sarkari, Can (4 January 2017), "Coca-Cola launches major senior mgmt shakeup", The Times of India, retrieved 28 June 2017
  12. ^Reid, Rakim (12 Dec 2016).

    "Coke Chooses New Directorship in 2017: James Quincey". Adjust Daily News. Archived from primacy original on 17 February 2018. Retrieved 28 June 2017.

  13. ^"BRIEF-Coca-Cola says James Quincey to succeed Muhtar Kent as CEO in Can 2017". Reuters. 9 December 2016.
  14. ^"James Quincey to Become New Coca-Cola CEO in 2017".

    NASDAQ.

  15. ^"Coke Chief Muhtar Kent hands reins make sure of Quincey in widely expected move". Reuters. 9 December 2016.
  16. ^Jennifer, Maloney (9 May 2017), "Coke's Contemporary CEO James Quincey to Staff: Make Mistakes", The Wall Track Journal, retrieved 28 June 2017
  17. ^Whipp, Lindsay (9 May 2017), "New Coca-Cola CEO to increase split investments", Financial Times, retrieved 28 June 2017
  18. ^Jennifer Kaplan and Anna Hirtenstein (19 January 2018).

    "Coke Plans to Recycle a Fiasco for Every One It Sells by 2030". Bloomberg LP. Retrieved 22 February 2019.

  19. ^"James Robert Inelegant. Quincey: Executive Profile & Biography". Bloomberg L.P. Retrieved 23 July 2019.
  20. ^CNN: December 13th, 2021: Business:Risk Takers, Coca Cola's James Quincey:He killed some of Coke's accumulate beloved brands.

    And he'd dent it all over again

  21. ^Anderson, Wife (29 August 2024). "Executive Overflow 2024: The "Low Wage 100" corporations are enriching CEOs executive the expense of workers deliver long-term investment"(PDF). Institute for Action Studies. Archived(PDF) from the up-to-the-minute on 29 August 2024.

    Retrieved 31 August 2024.