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MarketScreener Homepage  >  Equities  >  Nyse  >  Coca-Cola Company (The)    KO

COCA-COLA COMPANY (THE) (KO)
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48.685 USD   -1.59%
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Coca Cola : Chairman Kent to Retire in April; CEO Quincey to Take Post

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12/06/2018 | 05:30pm CET

By Colin Kellaher

Coca-Cola Co. (KO) on Thursday said long-time Chairman Muhtar Kent will retire in April and will be succeeded by Chief Executive James Quincey.

The Atlanta beverage giant said Mr. Kent, who has served as chairman since 2009, will remain in the post through the company's 2019 annual meeting, where he won't stand for reelection.

Mr. Quincey took over for Mr. Kent as CEO in May 2017.

Coke said former U.S. Sen. Sam Nunn, who currently serves as lead independent director, also won't stand for reelection at the annual meeting after a 22-year run on the board. Maria Elena Lagomasino, who joined the Coca-Cola board in 2008, will succeed Mr. Nunn as lead independent director.

Write to Colin Kellaher at colin.kellaher@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
COCA-COLA COMPANY (THE) 0.51% 49.47 Delayed Quote.7.82%
LONDON SUGAR 0.55% 344.9 End-of-day quote.-12.64%
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Financials ($)
Sales 2018 31 863 M
EBIT 2018 10 592 M
Net income 2018 8 310 M
Debt 2018 29 546 M
Yield 2018 3,14%
P/E ratio 2018 27,05
P/E ratio 2019 22,52
EV / Sales 2018 7,54x
EV / Sales 2019 7,33x
Capitalization 211 B
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Technical analysis trends COCA-COLA COMPANY (THE)
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 51,8 $
Spread / Average Target 4,6%
EPS Revisions
Managers
NameTitle
James Quincey President, Chief Executive Officer & Director
Ahmet Muhtar Kent Chairman
Kathy N. Waller CFO, President-Enabling Services & Executive VP
Eddie R. Hays Chief Technical Officer & Senior Vice President
Barry N. Simpson Chief Information Officer & Senior Vice President
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