Coca-Cola CEO Retires

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NEW YORK Doug Daft, chairman and chief executive of Coca-Cola, is retiring at the end of the year, the company confirmed. Daft took the job in 1999.

In a statement, Daft said, “I will work with the board [of directors] … to support this transition process. The board will engage a search firm to assist in this effort and will carefully consider external candidates along with the internal candidate we have in Steve Heyer.”

Heyer joined the company in 2001 from TBS and is now worldwide president Coca-Cola.



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