Coke's Heyer to Step Down

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NEW YORK Coca-Cola on Wednesday said president and chief operating officer Steven Heyer will leave the company.

In a statement, Coke said he will depart “by mutual agreement … after an orderly transition period” over the next few months.

The move had been widely anticipated in the wake of Coke’s decision in May to name E. Neville Isdell to succeed retiring company chairman and chief executive officer Doug Daft. Many observers had viewed Heyer as Daft’s successor.



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