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Coca-Cola (NYSE: KO) taps Henrique Braun as future CEO, James Quincey to become Executive Chairman

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

The Coca-Cola Company announced a planned leadership transition. The Board of Directors elected Henrique Braun, currently Executive Vice President and Chief Operating Officer, to become Chief Executive Officer effective March 31, 2026. On that date, current CEO James Quincey will transition to the role of Executive Chairman, providing continuity at the Board level.

Mr. Braun, age 57, has held senior leadership roles across multiple international operating units since 2013 and became Executive Vice President and Chief Operating Officer in January 2025. The Board also intends to nominate him for election as a director at the 2026 Annual Meeting of Shareowners. The company issued a press release with further details, included as Exhibit 99.1.

Positive

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Negative

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Insights

Coca-Cola discloses an orderly CEO succession with strong internal continuity.

The Coca-Cola Company outlines a clear succession plan by naming Henrique Braun as Chief Executive Officer effective March 31, 2026, while current CEO James Quincey becomes Executive Chairman. This structure maintains strategic continuity by keeping the outgoing CEO in a board leadership role.

Mr. Braun’s long tenure since 1996 and progression through key geographic and operating unit leadership roles, culminating in his appointment as Executive Vice President and Chief Operating Officer in January 2025, suggests deep familiarity with the company’s global operations. The Board’s intention to nominate him as a director at the 2026 Annual Meeting aligns management and board oversight.

This kind of staged transition is typically designed to reduce disruption, but the actual impact will depend on how responsibilities are balanced between the CEO and Executive Chairman roles over time. Investors may pay close attention to future disclosures around any strategic shifts once Mr. Braun assumes the CEO position on March 31, 2026.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

December 10, 2025

 

COCA COLA CO

(Exact name of Registrant as specified in its charter)

 

Delaware 001-02217 58-0628465
(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
     
One Coca-Cola Plaza  
Atlanta, Georgia   30313
(Address of principal executive offices)   (Zip Code)
       

Registrant’s telephone number, including area code: (404) 676-2121

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.25 Par Value KO New York Stock Exchange
1.875% Notes Due 2026 KO26 New York Stock Exchange
0.750% Notes Due 2026 KO26C New York Stock Exchange
1.125% Notes Due 2027 KO27 New York Stock Exchange
0.125% Notes Due 2029 KO29A New York Stock Exchange
0.125% Notes Due 2029 KO29B New York Stock Exchange
0.400% Notes Due 2030 KO30B New York Stock Exchange
1.250% Notes Due 2031 KO31 New York Stock Exchange
3.125% Notes Due 2032 KO32 New York Stock Exchange
0.375% Notes Due 2033 KO33 New York Stock Exchange
0.500% Notes Due 2033 KO33A New York Stock Exchange
1.625% Notes Due 2035 KO35 New York Stock Exchange
1.100% Notes Due 2036 KO36 New York Stock Exchange
0.950% Notes Due 2036 KO36A New York Stock Exchange
3.375% Notes Due 2037 KO37 New York Stock Exchange
0.800% Notes Due 2040 KO40B New York Stock Exchange
1.000% Notes Due 2041 KO41 New York Stock Exchange
3.500% Notes Due 2044

KO44

New York Stock Exchange
3.750% Notes Due 2053 KO53 New York Stock Exchange

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

 

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

  

   

 

 

Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On December 10, 2025, the Board of Directors (the “Board”) of The Coca-Cola Company (the “Company”) elected Henrique Braun, Executive Vice President and Chief Operating Officer, as Chief Executive Officer of the Company, effective March 31, 2026, on which date James Quincey, the Company’s current Chief Executive Officer, will transition to Executive Chairman. 

 

The Board also intends to nominate Mr. Braun to stand for election as a director at the 2026 Annual Meeting of Shareowners.

 

Henrique Braun, age 57, was appointed Executive Vice President and Chief Operating Officer of the Company in January 2025, overseeing all the Company’s operating units worldwide. He has served as Executive Vice President since 2024. From 2023 to 2024, Mr. Braun served as Senior Vice President and President, International Development, overseeing seven of the Company’s nine operating units. Mr. Braun served as President of the Latin America operating unit from 2020 to 2022, and as President of the Brazil business unit from 2016 to 2020. From 2013 to 2016, Mr. Braun was President of the Greater China and Korea business unit. Mr. Braun joined the Company in 1996. He will continue to serve as Executive Vice President and Chief Operating Officer until his appointment to Chief Executive Officer.

 

A copy of the press release issued by the Company is furnished with this report as Exhibit 99.1.

   

Item 9.01(d).Financial Statements and Exhibits.

 

EXHIBIT INDEX 

Exhibit No.

 

Description

Exhibit 99.1   Press Release of The Coca-Cola Company, dated December 10, 2025.
Exhibit 104   Cover Page Interactive Data File (the cover page XBRL tags are embedded within the iXBRL document).

 

   

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

       
  THE COCA-COLA COMPANY
  (REGISTRANT)
   
Date: December 10, 2025 By:  /s/ Monica Howard Douglas
     Monica Howard Douglas
    Executive Vice President and Global General Counsel

 

   

 

 

FAQ

Who will be the new CEO of The Coca-Cola Company (KO)?

The Board elected Henrique Braun, currently Executive Vice President and Chief Operating Officer, to become Chief Executive Officer of The Coca-Cola Company effective March 31, 2026.

What role will current Coca-Cola (KO) CEO James Quincey have after March 31, 2026?

On March 31, 2026, when Henrique Braun becomes CEO, James Quincey, the current Chief Executive Officer, will transition to the role of Executive Chairman.

What is Henrique Braun’s current position at The Coca-Cola Company (KO)?

Henrique Braun is currently Executive Vice President and Chief Operating Officer, a role he has held since January 2025, overseeing all of the company’s operating units worldwide.

Will Henrique Braun join the Board of Directors of Coca-Cola (KO)?

The Board of Directors intends to nominate Henrique Braun to stand for election as a director at the 2026 Annual Meeting of Shareowners.

What experience does Henrique Braun bring to the CEO role at Coca-Cola (KO)?

Henrique Braun, age 57, joined the company in 1996 and has held senior roles including President of the Brazil business unit, President of the Latin America operating unit, President of the Greater China and Korea business unit, and Senior Vice President and President, International Development before becoming Executive Vice President in 2024 and COO in 2025.

Did Coca-Cola (KO) issue a press release about the CEO transition?

Yes. A press release describing the leadership changes is furnished as Exhibit 99.1 to the report, dated December 10, 2025.

Coca Cola Co

NYSE:KO

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