TCCC PRESS RELEASE, RE. HOWARD BUFFETT
Published on December 15, 2010
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Global
Public Affairs & Communications
P.O.
Box 1734, Atlanta, GA 30301
+1
(404) 676-2683
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FOR
IMMEDIATE RELEASE
CONTACT: Kerry
Tressler
+1
(404) 676-2683
pressinquiries@na.ko.com
THE BOARD OF DIRECTORS OF
THE COCA-COLA COMPANY
ELECTS HOWARD G. BUFFETT AS
DIRECTOR
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ATLANTA,
Dec. 9, 2010 – The Coca-Cola Company Board of Directors today
elected Howard G. Buffett as a Director of the Company, effective
immediately. Mr. Buffett, 55, is president of the Howard G.
Buffett Foundation, a private foundation that supports humanitarian
initiatives focused on agriculture, nutrition, water and
conservation.
As
part of his election, Mr. Buffett was appointed to the Company’s Public
Issues and Diversity Review Committee, effective Jan. 1,
2011.
Mr.
Buffett currently serves on the boards of Berkshire Hathaway Inc., an
investment holding company and the largest shareowner of The Coca-Cola
Company; Lindsay Corporation, a worldwide leader in the manufacturing of
agricultural irrigation products; and Sloan Implement, a privately-owned
distributor of John Deere agricultural equipment in North
America.
Mr.
Buffett served for 10 years as a director of Coca-Cola Enterprises Inc.
(CCE), one of the largest Coca-Cola bottlers in the
world. During that time, he chaired CCE’s Public Issues Review
Committee. Mr. Buffett also served as a director of Archer
Daniels Midland Company, a leading world food processor, and ConAgra
Foods, Inc., one of North America’s largest food service manufacturers and
retail food suppliers.
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“We
are delighted to welcome Howard to our Board,” said Muhtar Kent, Chairman and
Chief Executive Officer of The Coca-Cola Company. “Howard brings a
globalist’s perspective on sustainability, extensive knowledge of the Company’s
bottling business and significant public company board experience, including his
leadership position on the board of our largest shareowner Berkshire
Hathaway. He is well recognized for his good judgment and great work
to improve communities throughout the world. Howard will be an
invaluable addition to The Coca-Cola Company.”
In
addition to his service on corporate boards, Mr. Buffet has served in elected
office in Nebraska, on two Office of the United States Trade Representative
committees, and as Chairman of the Nebraska Ethanol Authority and Development
Board. He is a member of the Commission on Presidential Debates, and
serves on numerous non-profit boards.
Mr.
Buffett has received the Aztec Eagle Award from the President of Mexico, the
highest honor bestowed on a foreign citizen by the Government of Mexico, and has
been recognized by the Inter-American Institute for Cooperation on Agriculture
as one of the most distinguished individuals in agriculture. He was
appointed a United Nations Goodwill Ambassador Against Hunger in
2007.
About The Coca-Cola
Company
The
Coca-Cola Company (NYSE: KO) is the world's largest beverage company, refreshing
consumers with more than 500 sparkling and still brands. Along with Coca-Cola,
recognized as the world's most valuable brand, the Company's portfolio includes
12 other billion dollar brands, including Diet Coke, Fanta, Sprite, Coca-Cola
Zero, vitaminwater, Powerade, Minute Maid, Simply and Georgia. Globally, we are
the No. 1 provider of sparkling beverages, juices and juice drinks and
ready-to-drink teas and coffees. Through the world's largest beverage
distribution system, consumers in more than 200 countries enjoy the Company's
beverages at a rate of 1.6 billion servings a day. With an enduring commitment
to building sustainable communities, our Company is focused on initiatives that
protect the environment, conserve resources and enhance the economic development
of the communities where we operate.
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