US: The Coca-Cola Co puts up poverty fighter for board role

By | 25 February 2013

Gayle previously worked for the Centre for Disease Control

Gayle previously worked for the Centre for Disease Control

The Coca-Cola Co has nominated a high-profile humanitarian worker to its board of directors, ahead of its annual shareholders' meeting in April.

Helene Gayle, 57, is president & CEO of anti-poverty organisation Care USA and an expert on health and global development, Coca-Cola said late last week. She has previously worked for the Centre for Disease Control and was named on Forbes' “100 most powerful women” list in 2011 and 2012, according to the firm.

She will stand for election at the shareholders' meeting, which will also see long-standing board member and former COO Donald Keough step down.

“Helene brings a global mindset and a deep understanding of health and humanitarian issues to our company,” Coca-Cola chairman & CEO Muhtar Kent said. “Her expertise and insight will be invaluable as we continue to expand our global initiatives around sustainability and women.”

Gayle is expected to serve on Coca-Cola's compensation committee and, if elected, will become the board’s 16th member.

Expert analysis

Coca-Cola Co, The in Soft Drinks (World )

The Coca-Cola Company, the world’s leading soft drinks company, has a stated aim to double its size over the 2010 to 2020 decade. However, with US sales on the decline and regular carbonates losing their appeal, the company needs growth to come in the BRIC countries and in low calorie drinks. In this report, Euromonitor International assesses The Coca-Cola Company’s chances of succeeding in its quest for growth.

Sectors: HR – personnel, Soft drinks

Companies: Coca-Cola Co

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