ATLANTA — Coca-Cola Co. Chief Financial Officer John Murphy will add president to his title on Oct. 1, following the retirement of president and chief operating officer Brian Smith.
Mr. Murphy has held his role since 2019, overseeing mergers and acquisitions, investor relations, global strategy, tax, treasury, audit, accounts and controls, reporting and analytics, real estate and risk management. His expanded responsibilities will include oversight of global initiatives, platform services, online to offline digital transformation and customer and commercial leadership.
He joined the company in 1988 as an international internal auditor and has held various senior finance, strategy and operations roles around the world.
“John has been an important business partner and leader for the company,” said James Quincy, chairman and chief executive officer of Coca-Cola. “As president and CFO, John’s new role will help drive important, enterprise-wide imperatives across the Coca-Cola system.”
A 25-year veteran of the company, Mr. Smith was named President and COO in 2019. He was previously the company’s former Europe, Middle East and Africa group president, and prior to that role he was group president for Latin America. He also served as the company’s COO and Vice Chairman, Brazil Division President, and Executive Assistant to the Mexico Division President.
“Brian has made numerous contributions to the Coca-Cola system during his 25 years with the company,” said Mr. Quincy.
Mr. Smith will remain with the company as a senior executive until February 2023. Coca-Cola is evaluating plans for the COO role. Mr. Quincey will report to the company’s operating unit president in the interim.