Friday, December 7, 2007

New CEO for Coca-Cola

Muhtar Kent, COO of Coca-Cola, has been named the new CEO, effective July 1, 2008. He will replace current CEO, Neville Isdell. Coca-Cola has recently encountered much controversy over their practices in Colombia and India, resulting in many boycotts and lost contracts. Mr. Kent's record with Coca-Cola is not unblemished (he was previously accused of insider trading) and it remains to be seen how he will handle Coca-Cola's corporate social responsiblity and environmental practices.

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