Coca-Cola FEMSA, S.A.B. de C.V. Announces Executive Changes
January 16, 2024 at 11:18 am
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Coca-Cola FEMSA, S.A.B. de C.V. announced that Mrs. T. Robin Rodgers Moore, who served as Alternate Director to Mr. José Octavio Reyes Lagunes, and Mrs. Marie D. Quintero-Johnson, who served as Alternate Director to Mrs. Jennifer Mann, have resigned from their position. In their place, Mr. Enrique Rapetti has been appointed as Alternate Director to Mr. José Octavio Reyes Lagunes and Mr. Felix Poh has been appointed as Alternate Director to Mrs. Jennifer Mann by Series D shareholders, through which The Coca-Cola Company indirectly participates in KOF. In addition, of Series D shareholders have appointed Mrs. Erin L. May as Alternate Director to Mr. Nikos Koumettis.
Coca-Cola FEMSA, S.A.B. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities. The Company's segments include Mexico and Central America division, which comprises Mexico (including corporate operations), Guatemala, Nicaragua, Costa Rica and Panama; the South America division, which consists of Brazil, Argentina and Colombia; Venezuela, which operates in an economy with exchange control and hyper-inflation, and the Asian division, which consists of the Company's equity method investment in Coca-Cola FEMSA Philippines, Inc. The Coca-Cola trademark beverages include sparkling beverages (colas and flavored sparkling beverages), waters and still beverages (including juice drinks, coffee, teas, milk, dairy and isotonic drinks).