Coca-Cola taps COO Henrique Braun to replace James Quincey as CEO in 2026

Coca-Cola taps COO Henrique Braun to replace James Quincey as CEO in 2026

cnbc.combusiness

Key Points:

  • Coca-Cola announced that COO Henrique Braun will succeed James Quincey as CEO on March 31 next year, with Braun also nominated to the board of directors; Quincey will remain as executive chairman.
  • Quincey, who has been CEO since 2017, led major initiatives including refranchising the bottling system and steering the company through the pandemic with a focus on healthier beverages.
  • Braun, with Coca-Cola since 1996 and COO since early 2023, will prioritize identifying new global growth opportunities, meeting consumer needs, and enhancing the company’s technology.
  • The leadership change occurs amid slowing demand for soft drinks, with Coca-Cola’s third-quarter global unit volume rising slightly by 1% after previous