PRESS RELEASE, DATED JANUARY 6, 2005, RE. ROBERT L. NARDELLI
Published on January 6, 2005
THE COCA-COLA COMPANY Media Relations Department
P.O. Box 1734, Atlanta, Georgia 30301
NEWS RELEASE Telephone: (404) 676-2121
FOR IMMEDIATE RELEASE
CONTACT: Ben Deutsch
(404) 676-2683
ROBERT L. NARDELLI CHOOSES NOT TO STAND FOR REELECTION
TO COCA-COLA BOARD OF DIRECTORS
ATLANTA, Jan. 6, 2005 -- The Coca-Cola Company said today that Director
Robert L. Nardelli, citing increasing demands on his time as Chairman, President
and CEO of The Home Depot, has decided not to stand for reelection to The
Coca-Cola Company's board of directors. His term will expire on April 19, 2005.
Commenting on his decision, Mr. Nardelli said: "Due to increasing demands
on my time at The Home Depot, I have decided not to stand for re-election to The
Coca-Cola Company board of directors in 2005. I have enjoyed the wonderful
opportunity of serving on the board over the past few years, and value the rich
experience of being part of such a distinguished group of directors. I wish
Neville Isdell and his team continued success in positioning The Coca-Cola
Company for the future."
Neville Isdell, chairman and chief executive officer, said: "We are
tremendously grateful to Bob for his service to our Company. Both our board of
directors and our Company have benefited greatly from his wise counsel. At the
same time, we understand and appreciate the demands a dynamic company like The
Home Depot places on its leadership. We are fortunate that as an Atlanta
neighbor, we will be able to remain close to a leader who has become a great
friend of The Coca-Cola Company."
Mr. Nardelli has served as a director of The Coca-Cola Company since 2002.
The Company has no immediate plans to fill the vacated board seat.
The Coca-Cola Company is the world's largest beverage company. Along with
Coca-Cola, recognized as the world's best-known brand, The Coca-Cola Company
markets four of the world's top five soft drink brands, including diet Coke,
Fanta and Sprite, and a wide range of other beverages, including diet and light
soft drinks, waters, juices and juice drinks, teas, coffees and sports drinks.
Through the world's largest distribution system, consumers in more than 200
countries enjoy the Company's beverages at a rate exceeding 1 billion servings
each day. For more information about The Coca-Cola Company, please visit our
website at www.coca-cola.com.
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