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Murphy to be president & chief financial officer of The Coca-Cola Company
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Thursday, 28 July, 2022, 14 : 00 PM [IST]
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Atlanta, USA
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The Coca-Cola Company has announced that John Murphy will become president and chief financial officer effective October 1. Murphy, who currently serves as executive vice president and CFO, will add the president role following the retirement of Brian Smith.
Smith, 66, has served as president and chief operating officer since 2019. He will remain with the company as a senior executive through February 2023.
“Brian has made innumerable contributions to the Coca-Cola system during his 25 years with the company,” said James Quincey, chairman and CEO of The Coca-Cola Company. “I thank him for his service and, on behalf of the company, wish him all the best.”
Murphy, 60, has served as CFO since 2019. He oversees Mergers & Acquisitions, Investor Relations, Global Strategy, Tax, Treasury, Audit, Accounting and Controls, Reporting and Analysis, Real Estate and Risk Management. As president and CFO, he will take on expanded duties, including oversight of Global Ventures; Platform Services; online-to-offline (O2O) digital transformation; and customer and commercial leadership.
“John has been a vital business partner and leader at the company,” Quincey said. “As president and CFO, John’s new role will be instrumental in driving critical, enterprise-wide imperatives across the Coca-Cola system.”
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