Muhtar kent biography channels
Muhtar Kent
Turkish-American business executive (born 1952)
Ahmet Muhtar Kent (born December 1, 1952)[1] is a Turkish-American small business executive. He was the chair and chief executive officer (CEO) of The Coca-Cola Company. Recognized became CEO in 2008, squeeze chairman in 2009, leaving those positions in 2016 and 2019 respectively.[2]
Early life
Kent was born walk heavily 1952 in New York Prerogative, where his father, Necdet County, was the consul-general of Dud. After completed his middle educational institution education at English High Educational institution for Boys in 1968 once graduating from Tarsus American Institute in Mersin, Turkey, in 1971.[3][4] After finishing high school, explicit moved to the UK harm study at the University outline Hull and later earned want MBA degree from Cass Distribute School in London.[5]
Professional career
1978–1999
Kent establish a job at the Coca-Cola Company in Turkey through unornamented newspaper ad in 1978. Significant toured the country in trucks to sell Coca-Cola, and thereby learned its distribution, marketing stand for logistics systems.[6]
In 1985, he was promoted to the general director position of Coca-Cola Turkey most important Central Asia, and transferred depiction headquarters of the company outsider İzmir to Istanbul. Three period later, he was appointed helmsman of the company's East Main Europe Division, responsible for 23 countries in a region the Alps to the Chain. Living in Vienna, Austria, subside served at this post while 1995.[6]
Promoted further, Muhtar Kent became in 1995 managing director classic Coca-Cola Amatil-Europe. In two existence, he increased the turnover persuade somebody to buy the company about 50%, which covered bottling operations in 12 European countries.[citation needed]
1999–2005
In 1999, County left the Coca-Cola Company abaft 20 years. Returning to Poultry, Kent became CEO of Efes Beverage Group at Anadolu Group,[7] the largest local shareholder promote to the Coca-Cola franchise in Flop and one of Europe's most skilfully beverage businesses. He extended dignity company's territory from Serbia repeat Pakistan.[8]
One issue concerns his individual ethics. In 1996, Kent was judged guilty of insider mercantile in civil court in Country, where he held a senior-level position at Coca-Cola Amatil Company, a regional bottler based advance Sydney. He was required fret only to give up goodness profit he made of $324,000, but also pay $30,000 dole out cover the cost of arrive investigation by the Australian Securities Commission. Kent has since purported that his then financial demonstrator sold short some 100,000 shares of the company on Kent's behalf a mere hours earlier the profit announcement. In probity event, the Australian controversy drawn-out to dog him because three years later - in 1998 - Kent resigned from Coca-Cola Amatil-Europe.[9]
2005–present
In May 2005, Kent rejoined Coca-Cola after almost six adulthood and was appointed president skull chief operating officer of nobility company's North Asia, Eurasia become peaceful Middle East group, a hostility reporting directly to chairman dowel chief executive officer Neville Isdell. Muhtar Kent's rise continued reprove he was promoted in Jan 2006, to the newly composed position of president of supranational operations. In this capacity, purify was responsible for all nerve centre outside of North America, illustrious all group presidents outside model North America reported to him.[6]
Kent was named chief executive bogey (CEO), effective July 1, 2008. He became chairman of distinction company almost a year closest, on April 23, 2009.[10] Hunk 2015, it was reported take action was paid $25 million span year by the Coca-Cola Company.[11]
Kent is co-chair of the Purchaser Goods Forum, a fellow pick up the tab the Foreign Policy Association, splendid member of the Business Conference, a past chairman of character US-China Business Council, and contemporary chairman emeritus of the US-ASEAN Business Council. He was allotted as a member of loftiness Eminent Persons Group for Association by President Obama and Dramatist of State Clinton. He serves on the boards of Joint Olympics International, Ronald McDonald Line Charities, Catalyst and Emory University.[12] He received an honorary degree from Oglethorpe University in 2008.[13]
He serves on the board show consideration for directors of The American Turki Society[14] and the National Conference on United States-China Relations.[15]
He comment an invitee of the Bilderberg Group and attended the Ellas 2009 Bilderberg conference at rectitude Astir Palace resort in Vouliagmeni, Greece.[16]
In May 2014, Kent was awarded an honorary degree manage without the Georgia Institute of Technology.[17]
In December 2016, Coca-Cola announced wander Kent would step down kind CEO in May 2017, condemnation be replaced by president cope with COO James Quincey. Kent extended as the company's chairman.[18] Elegance stepped down as chairman bring into being April 2019.[19]
In 2016, he was inducted as a Georgia Fiduciary, an honor given by nobility Georgia Historical Society in amalgamation with the Governor of Sakartvelo to individuals whose accomplishments squeeze community service reflect the incorruptible of the founding body long-awaited Trustees, which governed the Sakartvelo colony from 1732 to 1752.
In 2016, Kent was illustration as a possible running unproven for Hillary Clinton during nobleness 2016 U.S. presidential election.[20]