Coca-cola Taps Isdell as new Ceo
The Coca-Cola Co. has
ended the intense speculation over who will take over Chairman Doug
Daft’s post by naming E. Neville Isdell chairman and chief executive
officer elect. Isdell, who hails from Ireland, has a long history with the
company’s global operations. He joined Coca-Cola in 1966, and held
positions in Zambia, South Africa, Australia and the Philippines; was
president of the company’s division in Central Europe; group
president for North East Europe, the Middle East and Africa; and president
of the Greater Europe Group. He left the company in 1998 to serve as
chairman of Coca-Cola Beverages and brokered a merger with Hellenic
Bottling Co. to form Coca-Cola HBC, where he served as chief executive
officer until 2001.
“Neville’s deep knowledge of our global
business and system will serve him extremely well as he takes over the
reins of our company and moves our business forward,” said Daft in a
statement.
“Neville Isdell has led the company’s business operations on
five continents and in some of its largest and most important markets,” said
Jimmy Williams, member of the management development committee that conducted
the search for Daft’s successor. “He has developed new markets and injected
innovation and competitiveness into existing operations. Additionally, he has
created major bottling companies and built outstanding leadership teams while
staying true to the enduring values of our brand and company.” Coca-Cola says
the transition from Daft to Isdell will take place by early summer.
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Diageo finds new U.S. base
Diageo has announced plans
to consolidate its offices in Stamford, Conn., and White Plains, N.Y., to a
new U.S. headquarters in Norwalk, Conn. The new offices offer 270,000
square feet of space for employees, and is expected to be complete early
next year.
The company also announced a restructuring of its
agreement with Moët Hennessey and Schieffelin & Somerset,
effective July 1. The Diageo brands currently managed by Schieffelin &
Somerset will be managed by Diageo North America, with Schieffelin &
Somerset managing the Moët & Chandon, Dom Perignon, Grand Marnier,
Domaine Chandon, Ruffino and Casa Lapastolle brands.
Diageo will assume responsibility for Johnnie Walker,
Tanqueray, Tanqueray No. Ten, Ciroc, J&B, Buchanan’s, Pinch,
Cardhu, Talisker, Lagavulin, Oban, Glenkincie, Dalwhinnie and Cragganmore.
“Moët Hennessey has become a significant player in the United
States, with close to $1 billion in revenues,” said Christophe Navarre, chief
executive officer at Moët Hennessey, in a statement. “This will enable Schieffelin
& Somerset (which will be renamed Schieffelin) to build its luxury brands and
add new brands to its portfolio while simplifying the management of the company.”
“By transferring to Diageo North America the management of the
Schieffelin & Somerset brands owned by Diageo, we will be able to significantly
increase our focus, manage them with less complexity and strengthen our relationship
with our distributors,” added Ivan Menezes, president and chief executive officer
at Diageo.
Dolan leaves Fetzer, opens new wineries
Fetzer Vineyard’s President Paul Dolan recently announced plans
to leave the company and launch several new winemaking ventures. He plans to
serve as president of the Mendocino Wine Group, a partnership with Tom and Tim
Thornhill, owners of La Ribera Vineyards. Tim Thornhill will serve as chief
operating officer of the group, and the partners last month announced plans
to purchase Parducci Wine Cellars. Parducci produces about 150,000 cases of
premium and super-premium wines, and has recently been certified as an organic
wine producer. The group intends to enhance the sustainable and organic farming
practices already in place at the winery, and says it will keep all of the company’s
existing brands and explore additional Italian varietals such as Pinot Grigio
and Primitivo. Dolan also plans to open Sauvignon Republic Cellars, focused
on Sauvignon Blanc, as well as a new winery with his sons.
Cadbury Schweppes goes to Washington
Cadbury Schweppes has
opened a new public affairs office in Washington, D.C., for its U.S.
beverage and confectionery businesses. Deborah Louison has been named vice
president of government affairs, and will also
be the company’s primary contact with trade associations and
non-government organizations, and provide counsel on community relations
and corporate and social responsibility programs.
“The timing for opening a regional government affairs office
is perfect because we’ve recently restructured from nine regional business units
down to five, and two are in the Americas — Parsippany, N.J.-based Cadbury Adams
confectionery and Plano, Texas-based Americas Beverages,” said Neil Makin, Cadbury
Schweppes external affairs director, in a statement. “This is an important business
growth region for Cadbury Schweppes, and one that has a substantial volume base
of existing businesses. We need to be involved in the public policy debates
related to those businesses, and now we have that
in-house capability.”
in-house capability.”
Bucks moves into new markets
Bucks Coffee Co. recently
announced two distribution agreements that
have it brewing up sales across the Mid-Atlantic. The Langhorne, Pa.,
company now has distribution in Richmond, Va., thanks to an agreement with
Ukrop’s Super Markets, and the Baltimore-Washington, D.C., area
through Safeway and Giant Food stores. The new territories give the company
more than 800 retail locations. Ukrop’s and Giant will carry five
varieties, and Safeway will carry seven varieties of premium ground coffee
in 12-ounce bags.
Buck’s also was recently awarded a long-term exclusive contract
with 3G’s Catering LLP, Fort Washington, Pa., for coffee service at Fort Washington’s
new Exposition Center.
Barton secures 1792 trademark
Barton Brands recently received trademark approval from the U.S.
Patent and Trademark office for the Ridgemont Reserve and 1792 small-batch
bourbon.
“Barton is happy to be able to continue to use the design architecture
and 1792 name because they represent the true essence of the brand,” the company
said in a statement. The brand’s package design features a decanter-style bottle,
with a traditional cork finish and a burlap neck wrap.
GO
FIGURE
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1.2
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Dollars per pound Starbucks spends on coffee beans, according to The Associated Press. The company buys approximately 2 percent of the world’s high-quality coffee. |
4.8
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Millions
of dollars the Florida Department of Citrus has committed to purchasing
air time through June on ABC, NBC and cable television channels as part
of its advertising campaign to counter the low-carb trend, according
to The Associated Press.
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5
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Millions of Sunkist-sponsored trading cards that will be inserted into
bags of oranges nationwide in support of Upper Deck’s alliance with
Little League Baseball. The six-card set will feature pictures of players
such as Gary Carter and Paul O’Neil from when they played in Little
League.
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6.5
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Percent increase in consumption of super-premium Canadian Whisky, according
to ACNielsen. Canadian Club whisky recently delivered its 300 millionth
case to the largest independent retail buyer of Canadian Club in California.
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14
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Percent of global retail volume tea sales attributed to India, according
to Euromonitor International. Black tea makes up approximately 80 percent
of tea sales in the country.
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74
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Percent of marketers who expect to see increases in marketing in schools,
according to a Harris Interactive/Kid Power Poll of Youth Marketers
study as reported by Finance-Commerce.com. The same study found school
marketing tactics deemed unacceptable by marketing professionals include
advertising on school buses and book covers.
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