Venkatesh Kini, President – India and South-West Asia, Coca-Cola, will step aside and give charge to T Krishnakumar from May 1, 2017.
This is in keeping with the change which the global beverages major is seeing at its Atlanta headquarters, with new CEO James Quincey taking charge soon.
Coca-Cola will also see another company veteran, Vamsi Mohan, taking over as South-West Asia Regional Director for Hindustan Coca-Cola Beverages (HCCB) and Christina Ruggiero as CEO of HCCB.
Krishnakumar was earlier serving as CEO and South-West Asia Regional Director of HCCB, and Ruggiero as Chief Procurement Officer for Coca-Cola System in North America, and President and CEO for Bottlers’ Sales and Services, LLC.
Mohan is currently Bottling Investments Group Regional Director for Vietnam, Myanmar and Cambodia.
The transition also comes at a time when Coca-Cola India has been facing challenging times and a single-digit decline in sales volumes for its India and South-West Asia business in the January-March period.
Kini, who has been President since July 2013, termed his movement as personal. The company is designing a new operating model which is growth-oriented and consumer-centred.
Coca-Cola: Know More- Manufacturer: The Coca-Cola Company
- Introduced: 8 May 1886
- Color: Caramel E-150d
- Related products: Pepsi, Irn-Bru, RC Cola, Inca Kola, Kola Real, Cavan Cola, Postobón, Afri-Cola
