Coca-Cola Consolidated Names New Chairman, Appoints Officers
Ticker: COKE · Form: 8-K · Filed: Jan 10, 2025 · CIK: 317540
Sentiment: neutral
Topics: leadership-change, executive-appointment, board-of-directors
TL;DR
Coca-Cola Consolidated has a new Chairman, Neville Isdell, replacing J. Frank Harrison III, effective Jan 7, 2025.
AI Summary
Coca-Cola Consolidated, Inc. announced on January 7, 2025, several executive changes. J. Frank Harrison III has stepped down as Chairman of the Board, with Neville F. I. Isdell succeeding him. Additionally, the company appointed new officers and made adjustments to compensatory arrangements.
Why It Matters
This filing indicates a significant leadership transition at the top of Coca-Cola Consolidated, Inc., with a new Chairman taking the helm, which could signal strategic shifts.
Risk Assessment
Risk Level: medium — Leadership changes, especially at the Chairman level, can introduce uncertainty and potential strategic shifts, impacting investor confidence.
Key Players & Entities
- Coca-Cola Consolidated, Inc. (company) — Registrant
- J. Frank Harrison III (person) — Outgoing Chairman of the Board
- Neville F. I. Isdell (person) — Incoming Chairman of the Board
- January 7, 2025 (date) — Effective date of changes
FAQ
Who has been appointed as the new Chairman of the Board for Coca-Cola Consolidated, Inc.?
Neville F. I. Isdell has been appointed as the new Chairman of the Board.
Who previously held the position of Chairman of the Board?
J. Frank Harrison III previously held the position of Chairman of the Board.
What is the effective date of these leadership changes?
The earliest event reported is dated January 7, 2025.
Besides the Chairman, what other executive changes were reported?
The filing also mentions the appointment of certain officers and adjustments to compensatory arrangements.
What is the principal executive office address for Coca-Cola Consolidated, Inc.?
The principal executive offices are located at 4100 Coca-Cola Plaza, Charlotte, NC 28211.
Filing Stats: 816 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2025-01-10 08:34:32
Key Financial Figures
- $1.00 — ich registered Common Stock, par value $1.00 per share COKE The Nasdaq Global Select
Filing Documents
- coke-20250107.htm (8-K) — 30KB
- cokepressrelease011025.htm (EX-99.1) — 12KB
- logo.jpg (GRAPHIC) — 73KB
- 0000317540-25-000002.txt ( ) — 263KB
- coke-20250107.xsd (EX-101.SCH) — 2KB
- coke-20250107_lab.xml (EX-101.LAB) — 21KB
- coke-20250107_pre.xml (EX-101.PRE) — 12KB
- coke-20250107_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. A copy of the press release discussing these announcements is attached hereto as Exhibit 99.1 and is incorporated by reference herein. The information in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description Incorporated by Reference or Filed/Furnished Herewith 99.1 News release issued on Janu ary 10, 2 025 . Furnished herewith. 104 Cover Page Interactive Data File – the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. Filed herewith. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COCA-COLA CONSOLIDATED, INC. Date: January 10, 2025 By: /s/ E. Beauregarde Fisher III E. Beauregarde Fisher III Executive Vice President, General Counsel and Secretary