Coca-Cola promotes four executives
ATLANTA The board of directors of Coca-Cola Co. announced they have promoted four of its executives.
Joseph Tripodi has become EVP, Harry Anderson was elected to SVP position, and Kathy Waller was announced as the company’s controller; and Connie McDaniel is the new chief of international audit.
Prior to his title as EVP, Tripodi was the company’s chief marketing and commercial officer and worked with other such companies as Allstate Insurance Co. and The Bank of New York.
After joining Coca-Cola Co. in 2001, Anderson quickly jumped from controller to head of global business and technology services and finally to his latest promotion to SVP.
Waller served as chief of internal audit, while McDaniel made his mark as head of global finance transformation. Both Waller and McDaniel are VPs of the company.
The new positions become effective Aug. 1.
Coca-Cola Co. reports strong Q2 earnings
ATLANTA Coca-Cola Co. reported a strong set of results during the second quarter 2009, with strong worldwide unit case volume growth of 4% in the quarter and 3% year-to-date.
Coca-Cola Co. attributes their results to their Open Happiness campaign, which caused global volume and value share gains amongst most key markets and categories.
“We continue to deliver solid operating performance,” said Muhtar Kent, Coca-Cola Co.’s chairman and CEO. “In the first half of the year, we delivered volume and profit results in line with our long-term growth targets, despite very challenging global economic conditions. We outperformed the nonalcoholic ready-to-drink industry in most of our key markets and drove further global volume and value share gains. And, with our disciplined approach to productivity initiatives, we remain on track to achieve our $500 million target in annualized savings by 2011 and expect to deliver more than half of the savings by the end of this year.”
Sunsweet introduces its new Philippine Pineapple
YUBA CITY, Calif. Sunsweet Growers presents its Philippine Pineapple, the latest addition to its dried-fruit line.
Unlike other brands, Philippine Pineapple is grown in elevated regions of the Phillippines, ranging from 2,000 ft. to 3,000 ft. The cooler temperatures add moisture to the product, making it an ideal location for growth.
“People are searching for healthy snacking alternatives and dried fruit is a treat that’s always smart to eat,” said Steve Harris, VP of marketing at Sunsweet Growers. “Not only is Philippine Pineapple great for a quick and convenient snack, it really does satisfy the most serious sweet tooth!”
Philippine Pineapple is now available at major retailers nationwide in a 6-ounce resealable bag for $3.99.