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• The Wall Street Journal reports that Coca-Cola has named Brian Smith, president of the company’s Europe, Middle East and Africa unit, as its new COO/president. The story notes that CEO James Quincey, who took over from Muhtar Kent, had not named a number two until now..

Coca-Cola also said that CFO Kathy Waller will retire next year, and be succeeded by John Murphy, currently president of Coke’s Asia Pacific group.
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