The Coca-Cola Company has announced that its chief growth officer Francisco Crespo will retire next year. He will remain with the company until June 2020 as a senior strategic advisor.
Crespo joined the cola giant in 1989 in Ecuador and worked his way up to become the president of Coca-Cola's South Latin business unit.
He was responsible for managing the company's operations in Argentina, Bolivia, Chile, Paraguay, Peru, and Uruguay.
Later, he was named the president of the company’s Mexico business unit.
In May of 2017, he was appointed as the chief growth officer of the company, responsible for integrated global marketing, corporate strategy, and customer and commercial operations.
'An Important Legacy'
Chairman and CEO of the Coca-Cola Company, James Quincey, said, "Francisco has played a critical role in the success of our company in recent years, especially in helping develop a growth strategy that has become thoroughly embedded in our operations and our culture.
"He leaves an important legacy of helping make us more focused on fast-changing consumer needs at a critical time."
Elsewhere, senior vice-president and general counsel of the Coca-Cola Company, Bernhard Goepelt will retire in February 2020.
Goepelt joined the company in 1992, and held the position of the company's general counsel for the past eight years.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: The European Supermarket Magazine.
