Coca-Cola CEO divulges surprising reason behind decision to step down [Yahoo! Finance]
Coca-Cola Company (The) (KO)
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Source: Yahoo! Finance
James Quincey , one of the most influential leaders in the company's modern history, says the rapid rise of AI helped shape his decision to step down. That's after nearly a decade as CEO. Quincey, who joined Coca-Cola in 1996 and rose through global leadership roles to become its 14th chairman, succeeding Muhtar Kent, has been instrumental in reshaping the business. He has helped streamline operations, expand into new beverage categories, and drive consistent growth during a period of major industry change. Just to name a few. Founded in 1892 and now over 134 years old, Coca-Cola remains a cornerstone of global markets. The beverage giant now operates in over 200 countries. Even more interesting, it sells more than 2.2 billion beverage servings every single day. Its stock is also listed on the NYSE and included in the Dow Jones Industrial Average and S&P 500 Yet even with strong performance, Quincey believes the next phase requires a different kind of leadership. “My job is t
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