EXHIBIT 99.2
FOR IMMEDIATE RELEASE Contact: Bill Marks
or
Ben Deutsch
(404) 676-2683
COCA-COLA NAMES WORLDWIDE OPERATING TEAM
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ATLANTA, JULY 30, 2001 -- The Coca-Cola Company today named the senior
operating team that will report to vice chairman and chief operating officer
Brian G. Dyson and consequently modified some of the roles and lines of
reporting for other members of the senior management team:
- A.R.C. "Sandy" Allan, currently president and chief operating officer, Asia
Group, will become president and chief operating officer, Europe, Eurasia and
Middle East Group. Jose Nunez Cevera, president, West Europe, and Cem M.
Kozlu, president, Central Europe, Eurasia and Middle East will report to Mr.
Allan. Charles S. Frenette, currently executive vice president and chief
operating officer, Europe/Africa Group, will retire from the Company to
pursue other interests, effective immediately.
- Alexander B. Cummings, Jr., will continue as president, Africa Group, and
will report to Mr. Dyson.
- Mary E. Minnick, currently president, Japan Division, will become president
and chief operating officer, Asia Group. Reporting to Ms. Minnick will be
James E. Chestnut, currently executive vice president, Operations Support,
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and Patrick Siewert, who was most recently president of Kodak Professional
and corporate senior vice president of Eastman Kodak Company, and will join
the Company on September 1, 2001. Mr. Chestnut will be responsible for the
Pacific Rim Group, which includes Japan, Korea, Australia and New Zealand,
Indonesia, and the Philippines; Mr. Siewert will have responsibility for the
East and South Asia Group, which includes China, India, Thailand, and
Vietnam.
- Jeffrey T. Dunn will continue as president and chief operating officer, the
Americas Group, and will report to Mr. Dyson.
Douglas N. Daft, chairman and chief executive officer, said, "Our strategy is
to accelerate growth in our core carbonated business, while capturing other
opportunities for profitable growth in the non-alcoholic beverage market.
Executing that strategy is an ever-evolving process, and this action is the next
step as the strategy continues to achieve its objectives. Under Brian Dyson's
strong, hands-on leadership, I am confident this talented and highly experienced
operating team will effectively execute our strategy, quickly address remaining
operational issues in a few markets where that is needed, and spur growth across
all geographies and categories."
Mr. Dyson said, "Doug Daft has made my charge very clear. I am looking
forward to working with this excellent team, and together we will move forward
to realize the full potential of The Coca-Cola Company everywhere in the world."
Mr. Dyson noted that the Company anticipated these changes would take effect
between now and the end of this year, and that, the operating team would work
together to facilitate a smooth transition.
Mr. Daft added, "Steve Heyer, president and chief operating officer of
Coca-Cola Ventures will continue to report directly to me. In addition to his
current worldwide leadership of the Company's non-carbonated businesses,
including juices, coffees and teas, and his focus on the Company's strategic
planning, marketing, communications strategy, business development, and
innovation
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centers, Steve will assume oversight of technical, procurement, concentrate
manufacturing, and information technology and systems."
The Company also announced that Gary Fayard, who is chief financial officer,
will continue in his present role, and will now report directly to Doug Daft. In
addition, Brian Dyson and Mary Minnick will join the Company's Executive
Committee.
Mr. Daft continued, "On behalf of everyone at The Coca-Cola Company, I want
to express gratitude to Charlie Frenette for a distinguished career. Over 27
years at the Company, Charlie has applied his talent, knowledge and management
acumen to operations in North America, South Africa, and most recently in
Europe, benefiting Coca-Cola and everyone with whom he has worked. We wish him
and his family all the best for the future."
NOTE TO EDITORS: EXECUTIVE BIOGRAPHICAL INFORMATION FOLLOWS
BRIAN G. DYSON, 65, is vice chairman and chief operating officer of The
Coca-Cola Company. He first joined the Company in 1959, and worked for many
years in South America, the Caribbean and Mexico. From 1978 to 1983, he was
president, Coca-Cola USA. In 1983, he became president, Coca-Cola North America,
and in 1986 was instrumental in the formation of Coca-Cola Enterprises, Inc. and
served as its first president and chief executive officer from 1988 until 1994.
Mr. Dyson is an Argentinean citizen, and resides in Atlanta.
A.R.C."SANDY" ALLAN, 56, is currently president and chief operating officer,
Asia Group. Mr. Allan, a native of the United Kingdom, joined the Coca-Cola
system in 1968 in Johannesburg. Over the next 10 years he traveled throughout
the world on an auditing team, returning to South Africa in 1978. In 1993, he
was appointed president of the Middle East Division, renamed the Middle East &
North Africa Division in 1998, and was subsequently named president of the Asia
Pacific Group in 1999. Mr. Allan was named to his current position in March
2001.
JAMES E. CHESTNUT, 51, is currently executive vice president, Operations
Support. He joined the Company in 1972 as financial analyst for The Coca-Cola
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Export Corporation in London. Following a variety of positions in Europe, the
Philippines, and Atlanta, in 1989 he became chief financial officer of Coca-Cola
(Japan) Company Limited. In October 1993, Mr. Chestnut was elected vice
president and controller of The Coca-Cola Company, and in July 1994 he was
elected chief financial officer. In October 1999, he was named to his current
position, and elected an executive vice president in January 2000. Mr. Chestnut
is also a director of Coca-Cola FEMSA and Coca-Cola Enterprises, Inc. A native
of the United Kingdom, Mr. Chestnut currently resides in Atlanta.
ALEXANDER B. CUMMINGS, JR., 44, is currently president, Africa Group. He is
originally from Liberia. He was named Division President for West & North Africa
in June 2000, and previously served as region manager for Nigeria. Prior to
joining the Company, he spent 15 years with the Pillsbury Co., and was vice
president of Finance for Pillsbury International. Mr. Cummings was named to his
current position in March 2001.
CHARLES S. FRENETTE, 48, was named president and chief operating officer,
Europe/Africa Group in March 2001. Prior to this appointment, he was president
of the Greater Europe Group. From 1998-2000, he was senior vice president and
chief marketing officer of the Company. Prior to that, he was president of the
Southern Africa Division in Johannesburg, South Africa. Before moving to South
Africa, Mr. Frenette served for four years as executive vice president and
general manager of Coca-Cola USA Operations, responsible for the marketing and
operations functions of the Company's U.S. bottle/can unit. Prior to that, Mr.
Frenette served for six years as senior vice president and general manager of
Coca-Cola Fountain.
MARY E. MINNICK, 41, was named Division President, Coca-Cola (Japan) Co.
Ltd., in 2000. Prior to this appointment, she was president of the South Pacific
Division for three years. From 1996-1997, she was vice president and director,
Middle and Far East Marketing. Prior to that, Ms. Minnick was in the Corporate
Marketing department, and developed and commercialized numerous new brands and
products throughout South America, Europe and the Middle and Far East. Ms.
Minnick began her career at The Coca-Cola Company in 1983, and spent ten years
working in Coca-Cola USA, both in Fountain Sales and in the Bottle/Can Division.
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PATRICK T. SIEWERT, 45, joined Eastman Kodak Company in 1974, and held
positions of increasing responsibility in the company's Consumer, Professional
and regional businesses. In 1994, Siewert was named Deputy Chairman of the
company's Greater China Region and elected a company vice president. Two years
later, he became chairman of the Greater China Region. In July 1997, he was
named Chief Operating Officer of Consumer Imaging, and then in November 1997,
president of Kodak Professional. Effective January 2000, he was elected a
corporate senior vice president.
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