Coca-Cola Appoints Sanket Ray as Head of Emerging Large Markets, ETRetail

Core Insights - The Coca-Cola Company announced significant leadership changes, including the elevation of Sanket Ray to a regional role overseeing Emerging Large Markets effective March 31 [1][8] - Henrique Braun will become the CEO effective March 31, 2026, succeeding James Quincey, who will remain as Executive Chairman of the Board [2][4] - The company is creating two new market groupings to enhance focus on Asia, Africa, and the Middle East, with Ray leading one and Claudia Lorenzo overseeing the other [8][9] Leadership Changes - Sanket Ray will oversee markets in India, Southwest Asia, Greater China, Mongolia, Japan, and South Korea in his new role [1][8] - Claudia Lorenzo will take charge of the Eurasia and Middle East operating unit and Emerging Multi-Markets Lead, also serving as president of the EME operating unit [5][8] - Sedef Salingan Sahin has been appointed as the Chief Digital Officer, reporting to Braun, to unify digital, data, and operational excellence [6][9] Strategic Focus - The leadership changes aim to equip the organization to handle dynamic market conditions globally [6][9] - The company recognizes the immense growth potential in the markets led by Ray and Lorenzo [6][9] - Digital strategy efforts will transition to the new Chief Digital Officer, consolidating oversight previously held by the CFO [9]