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Retiring Coke Chairman Kent Lists Challenges For Global CEOs

December 7, 2018: 12:00 AM EST
Outgoing Coca-Cola Chairman Muhtar Kent – he’s retiring in April 2019 – says running a global business is tougher than ever because of the competition, of course, but also because of “sociopolitical dynamics,” more unknowns – like Brexit, U.S. trade wars, and currency fluctuations – and “more volatility, constant volatility." But that’s not all that gives CEOs anxiety. Also at work are a “global war for talent” and “digitization," he told CNBC. Kent, a 40-year veteran of Coca-Cola, will be replaced as chairman by CEO James Quincey.
Amelia Lucas , "Coca-Cola chairman: 'More unknowns, more volatility' are making running a global business tougher", CNBC.com , December 07, 2018, © CNBC LLC
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