Coca-Cola FEMSA, S.A.B. de C.V. Announces Board Changes
August 26, 2021 at 04:56 pm EDT
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Coca-Cola FEMSA, S.A.B. de C.V. announced that Sunil Krishna Ghatnekar, who served as alternate director to John Murphy since 2019 has resigned from his position. In his place, Stacy Lynn Apter has been appointed as alternate director to John Murphy by the company’s Series D shareholders, through which The Coca-Cola Company indirectly participates in Coca-Cola FEMSA. These changes were effective August 26, 2021.
Coca-Cola FEMSA, S.A.B. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities. The Company's segments include Mexico and Central America division, which comprises Mexico (including corporate operations), Guatemala, Nicaragua, Costa Rica and Panama; the South America division, which consists of Brazil, Argentina and Colombia; Venezuela, which operates in an economy with exchange control and hyper-inflation, and the Asian division, which consists of the Company's equity method investment in Coca-Cola FEMSA Philippines, Inc. The Coca-Cola trademark beverages include sparkling beverages (colas and flavored sparkling beverages), waters and still beverages (including juice drinks, coffee, teas, milk, dairy and isotonic drinks).
COCA-COLA FEMSA, S.A.B. DE C.V. 
