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

COCA-COLA COMPANY (THE)

(KO)
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Coca Cola : Chairman Kent to Retire in April; CEO Quincey to Take Post

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12/06/2018 | 11:30am EDT

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% 48.6 Delayed Quote.2.64%
LONDON SUGAR 1.18% 326.8 End-of-day quote.-2.16%
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Financials ($)
Sales 2019 34 760 M
EBIT 2019 11 419 M
Net income 2019 8 951 M
Debt 2019 34 403 M
Yield 2019 3,24%
P/E ratio 2019 23,73
P/E ratio 2020 21,48
EV / Sales 2019 6,99x
EV / Sales 2020 6,68x
Capitalization 208 B
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Technical analysis trends COCA-COLA COMPANY (THE)
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 52,0 $
Spread / Average Target 6,4%
EPS Revisions
Managers
NameTitle
James Quincey Chief Executive Officer & Director
Brian John S. Smith President & Chief Operating Officer
Ahmet Muhtar Kent Chairman
Kathy N. Waller Chief Financial Officer & Executive Vice President
Nancy W. Quan Chief Technology Officer & Senior Vice President
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