Coca-Cola Consolidated Names New Chairman, Appoints Officers

Ticker: COKE · Form: 8-K · Filed: 2025-01-10T00:00:00.000Z

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

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.

From the Filing

0000317540-25-000002.txt : 20250110 0000317540-25-000002.hdr.sgml : 20250110 20250110083432 ACCESSION NUMBER: 0000317540-25-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250107 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250110 DATE AS OF CHANGE: 20250110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Coca-Cola Consolidated, Inc. CENTRAL INDEX KEY: 0000317540 STANDARD INDUSTRIAL CLASSIFICATION: BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 560950585 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-09286 FILM NUMBER: 25520597 BUSINESS ADDRESS: STREET 1: 4100 COCA COLA PLZ CITY: CHARLOTTE STATE: NC ZIP: 28211 BUSINESS PHONE: 9803928298 MAIL ADDRESS: STREET 1: 4100 COCA COLA PLZ CITY: CHARLOTTE STATE: NC ZIP: 28211 FORMER COMPANY: FORMER CONFORMED NAME: COCA COLA BOTTLING CO CONSOLIDATED /DE/ DATE OF NAME CHANGE: 19920703 8-K 1 coke-20250107.htm 8-K coke-20250107 false 0000317540 0000317540 2025-01-07 2025-01-07 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 7, 2025 COCA-COLA CONSOLIDATED, INC. (Exact name of registrant as specified in its charter) Delaware 0-9286 56-0950585 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 4100 Coca-Cola Plaza Charlotte , NC 28211 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (980) 392-8298 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $1.00 per share COKE The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ☐ Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On January 7, 2025, F. Scott Anthony, Executive Vice President and Chief Financial Officer (principal financial officer) of Coca‑Cola Consolidated, Inc. (the “Company”), notified the Company of his resignation from all of his positions with the Company and its subsidiaries and affiliates, effective March 31, 2025 (the “Effective Date”). M

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