Coca-Cola Consolidated, Inc. (NASDAQ: COKE) has announced changes in its executive leadership team, with the retirement of Scott Anthony, the current Executive Vice President and Chief Financial Officer (CFO), effective March 31, 2025. Anthony has served as the company’s CFO since 2018, and his departure will be followed by the appointment of Matthew J. Blickley as the new CFO, effective April 1, 2025.
Blickley, who is currently the Senior Vice President, Financial Planning, and Chief Accounting Officer, will step into the role of CFO, bringing with him a wealth of experience from his tenure at Coca-Cola Consolidated, where he has held various financial roles of increasing responsibility since joining the company in 2014.
Under Anthony's leadership, the company achieved exceptional financial performance and strong stockholder returns since 2019. His strategic leadership and partnership with business leaders were noted as instrumental in the company's success. Following his retirement, Anthony will continue to be engaged with the company in a consultancy role.
Dave Katz, President and Chief Operating Officer, expressed confidence in Blickley's ability to succeed Anthony as CFO, citing their close working relationship over the past decade. This change in leadership is attributed to the company's depth of talent and careful succession planning.
Coca-Cola Consolidated, Inc. is the largest Coca-Cola bottler in the United States, serving over 300 brands and flavors across 14 states and the District of Columbia to approximately 60 million consumers. The company remains deeply committed to its consumers, customers, and communities, with a purpose to honor God in all they do, serve others, pursue excellence, and grow profitably.
For more information about the company, visit www.cokeconsolidated.com. Following these announcements, the company's shares moved -2.5%, and are now trading at a price of $1255.52. If you want to know more, read the company's complete 8-K report here.
