Coca Cola (KO) Declares $0.39 Quarterly Dividend; 3.4% Yield

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Busy as a Jollibee: Asia's fast-food giant expands abroad

October 18, 2018 2:02 PM EDT

By Martinne Geller

LONDON (Reuters) - Jollibee Foods (NYSE: JFC), a major Asian fast-food operator, hopes to generate half its sales outside its home market of the Philippines within five to seven years, up from 30 percent now, its chief executive told Reuters.

It also hopes to double its revenue in five years, as it expands its own chains and buys others, at a time when dealmaking in the restaurant sector is heating up as increasing competition and costs fuel consolidation.

Earlier this year, Coca-Cola (NYSE:... More

Coca-Cola names company veteran Brian Smith chief operating officer

October 18, 2018 11:18 AM EDT

(Reuters) - Coca-Cola Co (NYSE: KO) on Thursday appointed company veteran Brian Smith as its chief operating officer, a role that has been vacant since former COO James Quincey became chief executive officer last year.

Smith, 62, joined the beverage company in 1997 and is... More

Coca Cola (KO) elected Brian Smith President and COO; Murphy to succeed Waller as CFO

October 18, 2018 11:02 AM EDT

The Coca-Cola Company (NYSE: KO) today announced key changes in top leadership, including the election of a new president and chief operating officer and a succession plan for the chief financial officer.

The board of directors today elected Brian Smith to serve as president and COO, effective Jan. 1, 2019. He will report to James Quincey, the companys CEO. Smith is a 21-year Coca-Cola veteran who currently serves as president of the companys Europe, Middle East and Africa (EMEA) group.

The appointment of a president and COO will allow... More