Last year bottled water consumption reached 39.3 gallons per capita, the Wall Street Journal reports, and carbonated soft drinks fell to 38.5 gallons. The data comes from industry tracker Beverage Marketing.
Category: CocaCola
Outgoing Coke CEO given pay package worth $16 million
Coca-Cola CEO Muhtar Kent , who is stepping down in May, received a compensation package worth $16 million last year, according to a regulatory filing. That included a salary of $1.6 million, stock and options worth $9.5 million and incentive pay of $4.1 million.
Coke Says it Supports WHO’s Sugar Guidelines
Coke says it supports the World Health Organization’s guidelines for limiting added sugar, as the company works on repairing its image in public health circles and reshaping its business. Incoming CEO James Quincey also said the company has “outgrown” its namesake cola and is focusing on becoming a “total beverage company.”
Jim Cramer — PepsiCo Is Much Different Than Coca-Cola
Earlier this week, Coca-Cola reported in-line earnings per share results that investors weren’t too impressed with. While the company is admittedly in a turnaround — something Cramer took a closer look at as well — PepsiCo investors want to know if they have something better to look forward to on Wednesday when the company reports before the open .
Banks, Oil Stocks Hinder Dow’s Pursuit of 20,000
Declines in bank and energy companies weighed on Wall Street on Monday, distancing the Dow from the 20,000 mark, while gains in technology stocks pushed the Nasdaq to a record intraday high. Two-thirds of the 30 Dow components were lower, with Goldman Sachs’s 0.7 percent decline weighing the most.
How Coca-Cola Can Increase Its Value in 2017
Its drive to refranchise nearly all of its North American bottling operations by the end of 2017 appears to be on track.This initiative will leave Coca-Cola as an asset-light business focused on concentrates and the marketing of its 500-plus global brands. And in May of next year, Chief Operating Officer James Quincey will succeed Muhtar Kent as CEO, with Kent continuing as Chairman of the company’s board of directors.