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Coca-Cola, BIG announce new leadership appointments for India & SWA BU
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Saturday, 29 April, 2017, 08 : 00 AM [IST]
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Our Bureau, New Delhi
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The Coca-Cola Company and its Bottling Investments Group (BIG) announced new senior leadership appointments for its India and South West Asia Business Unit and Hindustan Coca-Cola Bottling operations. These will become effective from May 1, 2017.
After capably serving the company for 19 years, Venkatesh Kini, currently president, India and Southwest Asia Business Unit, has decided to leave the company and return to the United States to pursue other opportunities outside the Coca-Cola system.
“Over the past four years, Kini has had a significant impact on the growth and success of our business in this very important market, and laid the foundation for a winning team that will enable us to continue capturing the great opportunities that remain ahead,” said John Murphy, president, Asia-Pacific Group, The Coca-Cola Company.
Kini will remain with the company until the end of July 2017 to ensure a smooth transition with his successor.
T Krishnakumar who currently serves as chief executive officer and South West Asia regional director, Hindustan Coca-Cola Beverages Pvt Ltd, will replace Kini as president of the company’s India and South West Asia Business Unit.
Murphy added, “Krishnakumar is uniquely qualified for this role, having successfully led BIG’s operations in India and South West Asia since 2009. He is a strategic, well-rounded leader, and has been a catalyst for expanding our portfolio and driving growth in every position he has previously held.”
He joined the Coca-Cola system in 2004, and has advanced through a series of leadership roles, including region manager and regional vice-president.
Vamsi Mohan, who currently serves as region director for Vietnam, Myanmar and Cambodia, BIG, will in turn replace Krishnakumar as South West Asia regional director, Hindustan Coca-Cola Beverages Pvt Ltd.
Irial Finan, president, BIG, said, “Mohan joined the Coca-Cola system in 1998, and has held various senior leadership roles in operations, market execution and general management and also served as vice-president, sales, Hindustan Coca-Cola Beverages Pvt Ltd. We’re fortunate and very glad to have him back in this market.”
Christina Ruggiero, currently chief procurement officer, Coca-Cola System, North
America, and president and chief executive officer, Bottlers’ Sales & Services, LLC, will be reporting to Mohan as Hindustan Coca-Cola Beverages Pvt Ltd’s new chief executive officer.
“Ruggiero’s extensive experience aggregating and optimising supplier and customer-related activities for the US bottling franchise network will be instrumental in leading this next chapter for our bottling operations in India,” said Finan.
Prior to joining Coca-Cola, Christina was vice-president, procurement, Diageo plc, where she led procurement and supply chain teams globally, including teams in the United States, Africa, Europe, and Russia.
“As outlined by James Quincey, our president and chief operating officer, a few weeks ago, The Coca-Cola Company is designing a new operating model to support the next stage of our transformation into a growth-oriented, consumer-centred, total beverage company,” said Murphy.
“Key components of this new operating model are a revitalised organisational capability and better system alignment to ensure that optimum execution multiplies our marketing plans and investment,” he added.
Finan stated, “India is the sixth largest market for The Coca-Cola Company in terms of volume. The Coca-Cola system operates approximately 60 factories, directly employs 25,000 people and sells our products through over 2.6 million retailers.”
“Still, the Indian market has tremendous growth potential, and we believe the revitalised system leadership structure that we announce today will enable us to continue consolidating India as one of the most important growth engines for The Coca-Cola Company globally,” he added.
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