Coca-Cola
restructures Indian operations
4 July 2005
New
Delhi: The Atlanta-based Coca-Cola Company has announced
the restructuring plans for its Indian subsidiary, Coca-Cola
India. The company has effected a top-level management
recast and has split the bottling and marketing operations.
The
soft drink major has appointed John Ustas, from Coke
Norway, as CEO for its Indian company-owned bottling
operations (COBOs). Ustas' appointment as CEO leaves
Coke India president Sanjiv Gupta only with the concentrate
business, franchisee bottlers and marketing operations.
Current
recast within the Indiancompany includes reshuffling
of portfolios within finance and bottling divisions.
Coke's headquarters is expected to shortly announce
appointment of a new CFO, to replace current CFO Mark
Roddy who's tenure ends in September. The firm has announced
appointment of Mark Hudden as VP, finance, of the bottling
operations.
Vipul
Saurabh, whom Ustas has replaced, will move to one of
Coke's international bottling operations. Coca-Cola
India's
