The president of Coca-Cola Co.'s Pacific Rim Group will retire in April, it was announced yesterday. James Chestnut, who has been with Coke for over 31 years, will remain with the company in a transitional role until 30 April, when he will return to the UK.

Chestnut was president of the unit, based in Japan, which is responsible for the Pacific Rim countries, including Japan, South Korea, Australia, New Zealand, Indonesia and the Philippines.

Chestnut has held a variety of executive positions with the company, including chief financial officer of Coca-Cola (Japan) Company Ltd, vice president and controller of Coca-Cola Co., and chief financial officer.