Coca-Cola FEMSA, S.A.B. de C.V. Announces Board Changes
January 15, 2019 at 05:06 pm EST
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Coca-Cola FEMSA, S.A.B. de C.V. announced changes to the Board of Directors, effective as of January 15, 2019. Mr. John Murphy, who will be succeeding The Coca Cola company's Chief Financial Officer Mrs. Kathy Waller on March 16, 2019, has been appointed as a Board member by the company's Series D shareholders, through which The Coca-Cola company indirectly participates in Coca-Cola FEMSA. Mr. John Murphy will be replacing Mr. Charles Brent Hastie, who leaves his place as a Board member and member of the Finance and Planning Committee.
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. 
