The Coca-Cola Company has announced the retirement of Helene Gayle from her duties as a director. Gayle had been a director of the company since 2013 and served as a member and former chair of the talent and compensation committee. She was also a member of the corporate governance and sustainability committee. James Quincey, Chairman and CEO of The Coca-Cola Company, thanked Helene for her 11 years of service and valued leadership for the company, acknowledging her distinguished career and vital contribution to the board.
Gayle’s career includes serving as the President of Spelman College in Atlanta, as well as CEO of The Chicago Community Trust, McKinsey Social Initiative, and CARE USA. She also held positions at the Bill & Melinda Gates Foundation and the U.S. Centers for Disease Control and Prevention.
The Coca-Cola Company, a total beverage company with products sold in over 200 countries and territories, has a portfolio of billion-dollar brands across various beverage categories. Their brands encompass sparkling soft drinks such as Coca-Cola, Sprite, and Fanta, as well as water, sports, coffee, tea, juice, dairy, and plant-based beverages. The company is committed to positively impacting people’s lives, communities, and the planet through sustainable practices and environmental initiatives.
The company employs over 700,000 people worldwide and is constantly transforming its portfolio by reducing sugar in its drinks and introducing innovative new products to the market. As a result of these announcements, the company's shares have moved -0.9% on the market, and are now trading at a price of $62.53. If you want to know more, read the company's complete 8-K report here.