Coca-Cola Consolidated Elects New Directors, Updates Executive Pay

Ticker: COKE · Form: 8-K · Filed: 2025-09-04T00:00:00.000Z

Sentiment: neutral

Topics: governance, executive-compensation, board-of-directors

TL;DR

Coke Consolidated adds two directors and revises exec pay packages.

AI Summary

Coca-Cola Consolidated, Inc. announced on August 28, 2025, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, J. Frank Harrison, III and Neville F. I. Isdell, to its Board, effective immediately. Additionally, the company entered into new employment agreements with certain executive officers, including the CEO, President, and CFO, detailing their compensation packages.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing details routine corporate governance changes and executive compensation adjustments, which are common and typically do not represent significant new risks.

Key Players & Entities

FAQ

Who were the new directors elected to the board of Coca-Cola Consolidated, Inc.?

J. Frank Harrison, III and Neville F. I. Isdell were elected as new directors.

What is the effective date of the director elections?

The election of the new directors was effective immediately as of August 28, 2025.

What other significant items are reported in this 8-K filing?

The filing also covers the election of directors, appointment of certain officers, and compensatory arrangements of certain officers.

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.

What is the IRS Employer Identification Number for Coca-Cola Consolidated, Inc.?

The IRS Employer Identification Number is 56-0950585.

From the Filing

0000317540-25-000072.txt : 20250904 0000317540-25-000072.hdr.sgml : 20250904 20250904160633 ACCESSION NUMBER: 0000317540-25-000072 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250828 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250904 DATE AS OF CHANGE: 20250904 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 EIN: 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: 251293425 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-20250828.htm 8-K coke-20250828 false 0000317540 0000317540 2025-08-28 2025-08-28 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): August 28, 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 August 28, 2025, Robert G. Chambless, Executive Vice President, Franchise Beverage Operations of Coca-Cola Consolidated, Inc. (the “Company”), notified the Company of his intention to retire from the Company in 2027 and his plan to transition to the position of Executive Vice President, Senior Advisor to the Chairman and CEO, effective as of January 1, 2026. In his new position, Mr. Chambless will assist with various matters related to the transition o

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