Coca Cola (KO) Announces Election of Timothy Leveridge as VP

Coca Cola's (NYSE: KO) Board elected Timothy K. Leveridge a Vice President of the Company, effective immediately.

Leveridge, 44, was named Director of Investor Relations in July. He began his career with the Company in 1996 and has assumed roles of increasing responsibility including Senior Manager in Investor Relations, Finance Director in the Company’s Adriatic and Balkans business unit and Finance Director in the Russia, Ukraine and Belarus business unit. Leveridge most recently served as Director of Industry Insights in Mergers and Acquisitions.

Before joining The Coca-Cola Company, Leveridge was an auditor with Arthur Andersen, LLP. He holds a Bachelor of Business Administration in Accounting from Baylor University and is a Certified Public Accountant.

The Board today also declared a regular quarterly dividend of 30.5 cents per common share. The dividend is payable December 15, 2014, to shareowners of record as of December 1, 2014.

The Board earlier this year approved the Company's 52nd consecutive annual dividend increase, raising the quarterly dividend 9 percent from 28 cents to 30.5 cents per share. This is equivalent to an annual dividend of $1.22 per share, up from $1.12 per share in 2013. The increase reflects the Board's continued confidence in the Company's long-term cash flow.

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