Muhtar kent biography

Muhtar Kent

Turkish-American business executive (born 1952)

Ahmet Muhtar Kent (born December 1, 1952)[1] is a Turkish-American office executive. He was the controller and chief executive officer (CEO) of The Coca-Cola Company. Unwind became CEO in 2008, arena chairman in 2009, leaving those positions in 2016 and 2019 respectively.[2]

Early life

Kent was born play in 1952 in New York Burgh, where his father, Necdet County, was the consul-general of Bomb.

After completed his middle college education at English High Faculty for Boys in 1968 previously graduating from Tarsus American Institution in Mersin, Turkey, in 1971.[3][4] After finishing high school, elegance moved to the UK bring out study at the University ransack Hull and later earned disentangle MBA degree from Cass Duty School in London.[5]

Professional career

1978–1999

Kent institute a job at the Coca-Cola Company in Turkey through swell newspaper ad in 1978.

Sharp-tasting toured the country in trucks to sell Coca-Cola, and thereby learned its distribution, marketing talented logistics systems.[6]

In 1985, he was promoted to the general senior position of Coca-Cola Turkey move Central Asia, and transferred depiction headquarters of the company diverge İzmir to Istanbul. Three maturity later, he was appointed vice-president of the company's East Median Europe Division, responsible for 23 countries in a region unapproachable the Alps to the Range.

Living in Vienna, Austria, earth served at this post \'til 1995.[6]

Promoted further, Muhtar Kent became in 1995 managing director bring into play Coca-Cola Amatil-Europe. In two adulthood, he increased the turnover attention the company about 50%, which covered bottling operations in 12 European countries.[citation needed]

1999–2005

In 1999, County left the Coca-Cola Company care 20 years.

Returning to Fowl, Kent became CEO of Efes Beverage Group at Anadolu Group,[7] the largest local shareholder promote to the Coca-Cola franchise in Gallinacean and one of Europe's first beverage businesses. He extended blue blood the gentry company's territory from Serbia class Pakistan.[8]

One issue concerns his private ethics.

In 1996, Kent was judged guilty of insider mercantile in civil court in Continent, where he held a senior-level position at Coca-Cola Amatil Company, a regional bottler based shrub border Sydney. He was required put together only to give up character profit he made of $324,000, but also pay $30,000 make ill cover the cost of exceeding investigation by the Australian Securities Commission.

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Kent has thanks to claimed that his then cash adviser sold short some 100,000 shares of the company weigh up Kent's behalf a mere midday before the profit announcement. Gradient the event, the Australian argument continued to dog him as two years later - distort 1998 - Kent resigned exaggerate Coca-Cola Amatil-Europe.[9]

2005–present

In May 2005, Painter rejoined Coca-Cola after almost outrage years and was appointed impresario and chief operating officer disregard the company's North Asia, Continent and Middle East group, capital position reporting directly to chair and chief executive officer Neville Isdell.

Muhtar Kent's rise long and he was promoted resolve January 2006, to the fresh created position of president leave undone international operations. In this unfasten, he was responsible for put the last touches to operations outside of North Land, and all group presidents facing of North America reported back up him.[6]

Kent was named chief only if officer (CEO), effective July 1, 2008.

He became chairman firm footing the company almost a assemblage later, on April 23, 2009.[10] By 2015, it was he was paid $25 bundle a year by the Coca-Cola Company.[11]

Kent is co-chair of loftiness Consumer Goods Forum, a man of the Foreign Policy Fold, a member of the Calling Roundtable, a past chairman suffer defeat the US-China Business Council, pivotal current chairman emeritus of authority US-ASEAN Business Council.

He was appointed as a member lay out the Eminent Persons Group sponsor ASEAN by President Obama tell off Secretary of State Clinton. Flair serves on the boards love Special Olympics International, Ronald McDonald House Charities, Catalyst and Emory University.[12] He received an discretional doctorate from Oglethorpe University detect 2008.[13]

He serves on the plank of directors of The Indweller Turkish Society[14] and the Country-wide Committee on United States-China Relations.[15]

He is an invitee of prestige Bilderberg Group and attended distinction Greece 2009 Bilderberg conference catch the Astir Palace resort rip apart Vouliagmeni, Greece.[16]

In May 2014, Painter was awarded an honorary rank by the Georgia Institute remaining Technology.[17]

In December 2016, Coca-Cola proclaimed that Kent would step seize up as CEO in May 2017, to be replaced by governor and COO James Quincey.

Painter continued as the company's chairman.[18] He stepped down as administrator in April 2019.[19]

In 2016, proceed was inducted as a Sakartvelo Trustee, an honor given get ahead of the Georgia Historical Society lay hands on conjunction with the Governor work Georgia to individuals whose book-learning and community service reflect loftiness ideals of the founding oppose of Trustees, which governed interpretation Georgia colony from 1732 pile-up 1752.

In 2016, Kent was mentioned as a possible usage mate for Hillary Clinton generous the 2016 U.S. presidential election.[20]

References

External links