Coca-Cola said Henrique Braun, 56, has been named Executive Vice President and Chief Operating Officer effective January 1, 2025. The company said he will be responsible for all of its operating units worldwide.

1. 01

   Coca-Cola said Henrique Braun, 56, has been named Executive Vice President and Chief Operating Officer effective January 1, 2025. The company said he will be responsible for all of its operating units worldwide.

2. 02

   The company said Braun's base salary will be $1,050,000 effective January 1, 2025, under a letter sent to him on December 11, 2024. The Talent and Compensation Committee set his target annual incentive at 175% of his annual base salary.

3. 03

   The company said Braun currently serves as EVP and President, International Development, overseeing operating units including Latin America. As COO, he will add oversight of the North America and Europe operating units.

4. 04

   The company said Braun joined the company in 1996 and served as President of the Greater China and Korea business unit from April 2013 to August 2016, President of the Brazil business unit from September 2016 to September 2020, and President of the Latin America operating unit from October 2020 to December 2022.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.