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As Coca-Cola begins its hunt for a new chairman and chief executive, the company may look at splitting the roles, according to press reports. The Financial Times reports today that the company has not ruled out appointing two people, following Douglas Daft's announcement that he is to retire from both positions at the end of this year. The newspaper cites a member of Coke's board as a source.

The paper says that Coke board member James Williams believes the initial focus would be on finding someone to fill both positions. "The sooner we can find someone, the better," he told the FT.

The strongest internal candidate for the position is Steven Heyer, Coke's president and chief operating officer, but the company is also looking externally.

Other candidates mentioned in the report include Don Keough, a former president at Coke who returned to the board last week, Jack Stahl, now chief executive of Revlon, and Peter Ueberroth, a director currently on the company's board.


Sectors: Soft drinks

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