Coca-Cola Board of Directors Elects Two Officers and Declares Regular Quarterly Dividend
ATLANTA--(BUSINESS WIRE)-- The Board of Directors of The Coca-Cola Company today announced the election of two officers, along with declaring the company’s regular quarterly dividend.
Lisa Chang is senior vice president and chief people officer of The Coca-Cola Company. (Photo: Business Wire)
Lisa Chang, who joined Coca-Cola as chief people officer on March 1, has been elected by the board as a senior vice president. Chang most recently served as senior vice president and chief human resources officer for AMB Group LLC in Atlanta, the investment management and shared services arm of The Blank Family of Businesses. Chang is a graduate of the University of Virginia and the Stetson School of Business and Economics at Mercer University.
The board also elected Ashna Zaheer as assistant corporate secretary. Zaheer joined the company in 2017 as securities counsel. Zaheer previously served as a corporate attorney at Jones Day, with a practice focused on capital markets transactions, securities and corporate governance for public companies. Zaheer is a graduate of Vanderbilt University and the University of Notre Dame law school.
The elections are effective immediately.
The board also declared a regular quarterly dividend of 40 cents per common share. The dividend is payable July 1, 2019, to shareowners of record as of June 14, 2019. Earlier this year, the board approved the company’s 57th consecutive annual dividend increase, raising the quarterly dividend from 39 cents to 40 cents per common share.
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company, offering over 500 brands in more than 200 countries and territories. In addition to the company’s Coca-Cola brands, our portfolio includes some of the world’s most valuable beverage brands, such as AdeS plant-based beverages, Ayataka green tea, Costa coffee, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, innocent smoothies and juices, Minute Maid juices, Powerade sports drinks, Simply juices, smartwater, Sprite, vitaminwater and ZICO coconut water. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We’re also working to reduce our environmental impact by replenishing water and promoting recycling. With our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at Coca-Cola Journey at www.coca-colacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn.
The fairlife® brand is owned by fairlife LLC, our joint venture with Select Milk Producers Inc. Products from fairlife are distributed by our company and certain of our bottling partners.
Investors and Analysts: Tim Leveridge +1
Media: Scott Leith +1 404.676.8768
Source: The Coca-Cola Company
Released April 25, 2019