Only one more rung on the corporate ladder
At the end of January 2006, Muhtar Kent (53) was promoted to the newly created post of international operations president of the Coca-Cola Company, having previously been responsible for Coke’s markets in Russia, China, Japan, Central Asia and the Middle East. This promotion makes him the effective number two in the Coca-Cola Company as in his new post, Kent will be responsible for all operations outside North America, and all group presidents outside North America will report to him rather than to Neville Isdell (62), the Chairman and CEO of Coca-Cola. The international operations accounted for more than 70 percent of Coke’s volume last year and 80 percent of its operating income, the company said in a release.