“To thrive in this kind of environment, we need to be more entrepreneurial and agile, to take intelligent risks, and build a broader consumer-centric portfolio,” said Quincey, who joined Coca-Cola in 1996. James has 1 job listed on their profile. View James Quincey’s profile on LinkedIn, the world's largest professional community. Dairy Drinks, So how is it dealing with coronavirus? James has 5 jobs listed on their profile. Subscribe, By Rachel Arthur James Quincey Under the helm of CEO James Quincey, Coca-Cola is focused on innovation and acquisitions to satisfy changing consumer preferences. dataLayerNews.related_tags = sanitize_gpt_value2("coronavirus, Coca-cola company"); 27-Apr-2020 at 13:46 GMT. Quincey serves as vice co-chair of The Consumer Goods Forum and is a founding member of the New York Stock Exchange Board Advisory Council. He is also a director of Pfizer Inc. Quincey, who speaks English and Spanish, received a bachelor's degree in electronic engineering from the University of Liverpool. “There have been a lot of challenges, but I would like to congratulate the supply chain teams at the company and at all of the bottling partners, the incredible work they've done at basically keeping everything running," said Quincey. Among his first acts as CEO, he announced reducing 1,200 corporate positions as part of a plan to invest in new products and marketing and restore the year's revenue and profit growth from four to six percent. Yes, there are issues in the odd countries here and there on availability in some of the logistics for drivers or having to swap drivers at borders. There is still a good deal of uncertainty around the trajectory of the pandemic, as well as the resulting macroeconomic impact, acknowledges Quincey. View James Quincey’s profile on LinkedIn, the world's largest professional community. Coca-Cola is a growth company that provides brands and beverages that make life’s everyday moments more enjoyable, all while doing business the right way. Key Benchmarks for Manufacturing Companies, CEO of the Week: Amgen’s Robert A. Bradway, CEO of the Week: Halliburton’s Jeffrey A. Miller, CEO of the Week: NGL Energy Parters’ H. Michael Krimbill, CEO of the Week: Enterprise Holdings’ Chrissy Taylor, CEO of the Week: Cummins Inc’s N. Thomas Linebarger, CEO of the Week: US Foods Holding Corp.’s Pietro Satriano, Sign Up to Receive Chief Executive Magazine, CEO Optimism For 2021 Plateaus In October Amid Contentious Election And Covid Uncertainty. Quincey is leading Coca-Cola in its continuing evolution as a total beverage company. Coca-Cola is a growth company that provides brands and beverages that make lifeâs everyday moments more enjoyable, all while doing business the right way. }); As a global company with 500 brands and more than 700,000 people in its global system, Coca-Cola must address all aspects from its supply chain to distribution under coronavirus. The Atlanta-based global beverage company has expanded its product line by launching Coca-Cola Zero Sugar, and making several acquisitions, including Honest Tea made with real leaves and organic sweeteners, and Topo Chico, a premium sparkling mineral water from Mexico. Coca-Cola CEO James Quincey says that the company is well-versed in surviving crises over the course of its 134 year history: “Every previous crisis – military, economic or pandemic – the Coca-Cola Company has come out stronger”. { , "It is simply too soon to estimate exactly what might lay ahead.”.
"While we're seeing different impacts across geographies and at different times, generally we expect three phases. It is mandatory to procure user consent prior to running these cookies on your website. Firstly, it’s by having the flexibility and adaptability to adjust - “on day-by-day, week-to-week, quarter-to-quarter basis ” – and adjust to the right amount of brand building, innovation, revenue growth management and execution in … And so the local supply chain is then able to work designated as part of the food system, so an essential service to allow to run the production systems and distribution., “We've had some issues on timing of ingredients. “As you know, more consumers, most notably adults, are seeking unique and distinct products with sophisticated flavors, quality ingredients and smaller-scale craft production,” Quincey said. What can help, however, is to look at the Chinese market, he says. James Quincey is No. [13], He was named CEO in December 2016. if(i!=(aTags.length-1)) The result is shared opportunity for communities, customers, employees and shareowners. Juice Drinks, See the complete profile on LinkedIn and discover Quincey’s connections and jobs at similar companies. “As we accelerate our way forward to becoming a total beverage company, new categories and premium segments will play key roles in our growth. Quincey also played a key role in the creation of Coca-Cola European Partners, one of the largest independent Coca-Cola bottlers in the world. We are working seamlessly with our bottlers and retail customers to make real-time demand given the rapid shifts in customer patterns.
This website uses cookies to improve your experience while you navigate through the website. Secondly, it’s by keeping an eye on the long term: “such that as we work our way through the winding path of where the crisis takes us, we end up emerging stronger.”. Therefore it's nearly impossible to predict how the pandemic will develop. Prior to joining Coca-Cola, Quincey was a partner in strategy consulting at The Kalchas Group, a spinoff of Bain & Company and McKinsey. Quincey, who speaks English and Spanish, received a bachelor's degree in electronic engineering from the University of Liverpool. [20] On 24 April 2019, Quincey was elected Chairman of the Board. After starting his career at Bain & Co, he joined The Coca-Cola Company in 1996 and was later named chief operating officer (COO). He is now the chairman and chief executive officer (CEO). contact, 27-Apr-2020 , “We're adapting local market strategies across our system, including supply chain, stakeholder engagement, and workforce management. A preview of what LinkedIn members have to say about Quincey: I have worked with Quincey my entire time at Decode. We also use third-party cookies that help us analyze and understand how you use this website. View the profiles of professionals named "James Quincey" on LinkedIn. Under his leadership, the group expanded its brand portfolio and improved market share. Coca-Cola also has been restructuring its operations, including refranchising all its U.S. bottling territories to local bottling and distribution companies, and streamlining its corporate workforce. Quincey joined the company in Atlanta in 1996 as director of learning strategy for the Latin America Group. Bottler alignment has never been more important and the work we've done to strengthen the system in recent years is bearing fruit in steps of execution.”, Coca-Cola has to deal with a large and complex supply chain for its products around the world. Having the ability to dial-up and recalibrate aspects of that strategy is critical in this environment., “A culture of agility is key. Those are much better than they were a few weeks ago. James Robert B. Quincey (8 January 1965) is a British businessman in the United States. Quincey is a star programmer. [21], Quincey and his wife Jacqui have two children,[6] and live in Atlanta, Georgia. However, the consumption is still lower than prior year, and we expect a full recovery to take time, especially as there are still limits on crowd sizes., “As we anticipate a recovery in China, we're planning key actions with bottlers to regain momentum, including a pre-summer sales promotion and increased cooler placements.
We've made a lot of adaptations to ensure safety and sanitation and security to the employees. Quincey is leading Coca-Cola in its continuing evolution as a total beverage company. You also have the option to opt-out of these cookies. One of the key focuses for the company now is to adapt its supply chain. , “In some markets, like the US, drive-thru operations and carryout have helped offset some of the pressure, but most restaurants are operating on limited hours and are seeing overall trips decline sharply.”. CEO James Quincey highlights two overaraching areas to address. Coca-Cola CEO and Chairman James Quincey remains confident that Coca-Cola will emerge from the Covid-19 pandemic even stronger than before — … return vOut; Both brands are continuing to be developed within Coca-Cola’s Venturing & Emerging Brands incubator unit, and the company is also building stronger capability to nurture and expand small brands internationally, Quincey said in the company’s third-quarter earnings call. Before becoming CEO, Quincey served as President and Chief Operating Officer of the company from 2015 to 2017.