Coca-Cola is being chased by North American president to replace newcomers

Coca-Cola is being chased by North American president to replace newcomers

Coca-Cola said on Wednesday that it has appointed J. Alexander M. Douglas Jr. as president of the company’s North American division. Donald Knauss, formerly President of Coca-Cola North America, was dug away by Clorox Co. (CLX).

Coca-Cola announced the resignation of Knauss on Wednesday. Not long afterwards, Gao Leshi immediately announced the appointment of Knauss as the company's new CEO. The 55-year-old Knauss said in an interview that Gao Leshi's leading brand in the market deeply attracted him, and he also hoped to lead a listed company. Gao Leshi did not disclose details about Knauss compensation.

For this sudden change in personnel, Coca-Cola's top level is quite certain. E. Neville Isdell, Coca-Cola's chairman and chief executive officer, said: "The company's announcement (personnel changes) today clearly shows our company's progress in strengthening its management team and shows that we have a clear management position. Succession plan.” Douglas, who succeeded Knauss, is 45 years old and previously served as senior vice president and chief customer officer of Coca-Cola. He joined Coca-Cola in January 1988 and started as a regional sales manager.

Knauss joined Coca-Cola in 1994 and served as president of the company North America in February 2004. Gerald Johnston, former CEO of Clorox, had to choose to retire in May this year due to heart problems. Since then, Gao Leshi began to identify the company's new head candidate. With regard to the arrival of Knauss, Grohs was quite satisfied. Robert Matschullat, a member of the company's board of directors, said that his extensive experience in the fast moving consumer goods industry is very suitable for Grohs. In addition, Matschullat pointed out that Knauss' capable work style is also very suitable for the company's corporate culture.

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