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The Coca-Cola Company logoThe Coca-Cola Company KO

The Coca-Cola Company said on October 16, 2025 its Board of Directors elected Max Levchin as a Director, effective immediately, and appointed him to the Board's Talent and Compensation Committee.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The Coca-Cola Company said on October 16, 2025 its Board of Directors elected Max Levchin as a Director, effective immediately, and appointed him to the Board's Talent and Compensation Committee.

  2. The company said Levchin will participate in the Directors' Plan and in 2025 will be entitled to a prorated portion of the annual compensation paid to non-employee Directors, which consists of $90,000 to be paid in quarterly installments in cash and $200,000 to be paid in deferred share units.

  3. The company said Levchin is a PayPal co-founder who went on to found and lead financial technology company Affirm. In a press release, James Quincey, Chairman and CEO of The Coca-Cola Company, said that as technology continues to reshape the way the company does business, Levchin will bring great perspectives to Coca-Cola.

  4. The company declared a regular quarterly dividend of 51 cents per common share, payable on December 15 to shareowners of record as of the close of business on December 1.

Summary

AI-written

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.

Max Levchin Elected to Board of Directors

The Coca-Cola Company said on October 16, 2025 its Board of Directors elected Max Levchin as a Director, effective immediately, and appointed him to the Board's Talent and Compensation Committee.

Source · Based on the filing body and exhibits

Non-Employee Director Compensation Structure

The company said Levchin will participate in the Directors' Plan and in 2025 will be entitled to a prorated portion of the annual compensation paid to non-employee Directors, which consists of $90,000 to be paid in quarterly installments in cash and $200,000 to be paid in deferred share units.

Source · Based on the filing body and exhibits

Levchin's Background and Board Appointment

The company said Levchin is a PayPal co-founder who went on to found and lead financial technology company Affirm. In a press release, James Quincey, Chairman and CEO of The Coca-Cola Company, said that as technology continues to reshape the way the company does business, Levchin will bring great perspectives to Coca-Cola.

Source · Based on the filing body and exhibits

Regular Quarterly Dividend Declared

The company declared a regular quarterly dividend of 51 cents per common share, payable on December 15 to shareowners of record as of the close of business on December 1.

Source · Based on the filing body and exhibits

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.