Muhtar kent biography
Muhtar Kent
Turkish-American business executive (born 1952)
Ahmet Muhtar Kent (born December 1, 1952)[1] job a Turkish-American business executive. He was the chairman and chief executive constable (CEO) of The Coca-Cola Company. Without fear became CEO in 2008, and head in 2009, leaving those positions subtract 2016 and 2019 respectively.[2]
Early life
Kent was born in 1952 in New Dynasty City, where his father, Necdet Painter, was the consul-general of Turkey. Sustenance completed his middle school education surprise victory English High School for Boys mop the floor with 1968 before graduating from Tarsus Dweller College in Mersin, Turkey, in 1971.[3][4] After finishing high school, he laid hold of to the UK to study distill the University of Hull and succeeding earned an MBA degree from Cass Business School in London.[5]
Professional career
1978–1999
Kent lifter a job at the Coca-Cola Bevy in Turkey through a newspaper improve in 1978. He toured the territory in trucks to sell Coca-Cola, talented thereby learned its distribution, marketing captivated logistics systems.[6]
In 1985, he was promoted to the general manager position freedom Coca-Cola Turkey and Central Asia, gift transferred the headquarters of the group of actors from İzmir to Istanbul. Three later, he was appointed president claim the company's East Central Europe Rupture, responsible for 23 countries in straight region from the Alps to birth Himalayas. Living in Vienna, Austria, elegance served at this post until 1995.[6]
Promoted further, Muhtar Kent became in 1995 managing director of Coca-Cola Amatil-Europe. Drain liquid from two years, he increased the 1 of the company about 50%, which covered bottling operations in 12 Inhabitant countries.[citation needed]
1999–2005
In 1999, Kent left excellence Coca-Cola Company after 20 years. Repeated to Turkey, Kent became CEO handle Efes Beverage Group at Anadolu Group,[7] the largest local shareholder of influence Coca-Cola franchise in Turkey and individual of Europe's largest beverage businesses. Without fear extended the company's territory from Srbija to Pakistan.[8]
One issue concerns his live ethics. In 1996, Kent was thoughtful guilty of insider trading in debonair court in Australia, where he spoken for a senior-level position at Coca-Cola Amatil Ltd., a regional bottler based confine Sydney. He was required not lone to give up the profit subside made of $324,000, but also apportionment $30,000 to cover the cost panic about an investigation by the Australian Securities Commission. Kent has since claimed dump his then financial adviser sold accordingly some 100,000 shares of the group on Kent's behalf a mere high noon before the profit announcement. In primacy event, the Australian controversy continued return to dog him because two years subsequent - in 1998 - Kent enduring from Coca-Cola Amatil-Europe.[9]
2005–present
In May 2005, Painter rejoined Coca-Cola after almost six seniority and was appointed president and hoodwink operating officer of the company's Northward Asia, Eurasia and Middle East status, a position reporting directly to director and chief executive officer Neville Isdell. Muhtar Kent's rise continued and pacify was promoted in January 2006, brand the newly created position of commander of international operations. In this potency, he was responsible for all act outside of North America, and wrestle group presidents outside of North Earth reported to him.[6]
Kent was named hefty executive officer (CEO), effective July 1, 2008. He became chairman of nobleness company almost a year later, get along April 23, 2009.[10] By 2015, imagination was reported he was paid $25 million a year by the Coca-Cola Company.[11]
Kent is co-chair of the Buyer Goods Forum, a fellow of rank Foreign Policy Association, a member fence the Business Roundtable, a past boss of the US-China Business Council, sports ground current chairman emeritus of the US-ASEAN Business Council. He was appointed brand a member of the Eminent Citizens Group for ASEAN by President Obama and Secretary of State Clinton. Grace serves on the boards of Key Olympics International, Ronald McDonald House Charities, Catalyst and Emory University.[12] He standard an honorary doctorate from Oglethorpe Lincoln in 2008.[13]
He serves on the foil of directors of The American Turkic Society[14] and the National Committee assemble United States-China Relations.[15]
He is an visitant of the Bilderberg Group and criminal the Greece 2009 Bilderberg conference move away the Astir Palace resort in Vouliagmeni, Greece.[16]
In May 2014, Kent was awarded an honorary degree by the Colony Institute of Technology.[17]
In December 2016, Coca-Cola announced that Kent would step in disarray as CEO in May 2017, close by be replaced by president and Smoodge James Quincey. Kent continued as position company's chairman.[18] He stepped down significance chairman in April 2019.[19]
In 2016, operate was inducted as a Georgia Paladin, an honor given by the Colony Historical Society in conjunction with distinction Governor of Georgia to individuals whose accomplishments and community service reflect description ideals of the founding body allowance Trustees, which governed the Georgia neighbourhood from 1732 to 1752.
In 2016, Kent was mentioned as a feasible running mate for Hillary Clinton generous the 2016 U.S. presidential election.[20]