8-KLeadership ChangesExhibits & Filings

COCA COLA CO 8-K Report, Executive Changes (Feb 20, 2015)

Filed February 20, 2015For Securities:KO

Summary

This 8-K filing from The Coca-Cola Company (KO) on February 20, 2015, primarily announces the upcoming departures of two long-standing Board members, James D. Robinson III and Peter V. Ueberroth. Both directors have notified the Chairman of their intention not to seek re-election at the upcoming 2015 Annual Shareowner Meeting, scheduled for April 2015. They will continue to serve on the Board and their respective committee memberships until that meeting. This change in board composition, while not immediately impacting operations, signals a transition for the company's governance. Investors should note that Robinson and Ueberroth have been influential figures, and their departure marks the end of an era for some segments of the board's experience. The company has attached a press release detailing these retirements as an exhibit to this filing.

Key Highlights

  • 1Two directors, James D. Robinson III and Peter V. Ueberroth, will not stand for re-election at the 2015 Annual Shareowner Meeting.
  • 2Both directors will remain on the Board and maintain their committee memberships until the 2015 Annual Meeting.
  • 3The Annual Shareowner Meeting is scheduled to take place in April 2015.
  • 4The departures are voluntary, as indicated by their notice to the Chairman.
  • 5A press release dated February 19, 2015, announcing these retirements is included as an exhibit.
  • 6No other immediate changes to corporate officers or financial statements are reported in this filing.

Frequently Asked Questions

James D. Robinson III and Peter V. Ueberroth have each provided notice of their intention not to stand for re-election at the upcoming 2015 Annual Shareowner Meeting. The filing does not specify detailed reasons beyond their decision not to seek re-election.

They will continue to serve on the Board and maintain their respective Committee memberships until the 2015 Annual Shareowner Meeting, which is scheduled to occur in April 2015.

This 8-K filing solely addresses changes in board composition. There are no immediate financial statements or new financial information provided that are directly linked to these director departures. Investors should refer to other SEC filings for ongoing financial performance updates.

The departure of James D. Robinson III and Peter V. Ueberroth, who have served on the board, may signal a transition in board leadership and governance experience for The Coca-Cola Company. Investors often monitor board composition for continuity and strategic direction.