Coca-Cola Announces New CEO

The Coca-Cola Company revealed on Wednesday that Enrique Braun will take over as CEO on March 31, 2026.

Currently the executive vice president and chief operating officer, Braun will succeed James Quincey, who has been the CEO for nine years and will transition to the role of executive chairman.

“I am honored to take on this new role and deeply appreciate everything James has done to steer the company,” Braun stated. “We’re eager to collaborate with our bottlers to foster future growth. There’s a lot of potential in the ever-evolving global market.”

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Braun, 57, has served as COO since January, overseeing Coca-Cola’s global operations. He joined the company back in 1996 and has worked in various roles with increasing responsibility throughout his career.

In his upcoming position, Braun aims to focus on global growth, meet consumer demands, and enhance technology use to boost business outcomes.

Quincey’s Legacy at Coca-Cola

Quincey, aged 60, became CEO in 2017, transforming Coca-Cola into a “total beverage company.” Under his leadership, the company reportedly added over $10 billion in new brands and advanced digital modernization efforts. He also navigated the challenges posed by the COVID-19 pandemic.

According to reports, Coca-Cola’s stock has seen a nearly 63% increase since Quincey stepped into the CEO role.

Quincey’s Farewell Message

“As I conclude my time as CEO after three decades with the company, I feel privileged to have contributed to such a longstanding and remarkable business,” Quincey remarked. “Enrique is a trusted, seasoned partner and the ideal leader to guide the company into its next chapter of growth and success.”