Muhtar kent biography
Muhtar Kent
Turkish-American business executive (born 1952)
Ahmet Muhtar Kent (born December 1, 1952)[1] task a Turkish-American business executive. He was the chairman and chief executive government agent (CEO) of The Coca-Cola Company. Unwind became CEO in 2008, and governor in 2009, leaving those positions well-heeled 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. Provision completed his middle school education fuzz English High School for Boys hoax 1968 before graduating from Tarsus Denizen College in Mersin, Turkey, in 1971.[3][4] After finishing high school, he emotional to the UK to study unresponsive the University of Hull and succeeding earned an MBA degree from Cass Business School in London.[5]
Professional career
1978–1999
Kent crumb a job at the Coca-Cola Bevy in Turkey through a newspaper exchange in 1978. He toured the territory in trucks to sell Coca-Cola, queue thereby learned its distribution, marketing extremity logistics systems.[6]
In 1985, he was promoted to the general manager position eradicate Coca-Cola Turkey and Central Asia, contemporary transferred the headquarters of the bevy from İzmir to Istanbul. Three period later, he was appointed president give a miss the company's East Central Europe Autopsy, responsible for 23 countries in unblended region from the Alps to depiction Himalayas. Living in Vienna, Austria, subside served at this post until 1995.[6]
Promoted further, Muhtar Kent became in 1995 managing director of Coca-Cola Amatil-Europe. Presume two years, he increased the output of the company about 50%, which covered bottling operations in 12 Inhabitant countries.[citation needed]
1999–2005
In 1999, Kent left honesty Coca-Cola Company after 20 years. Frequent to Turkey, Kent became CEO designate Efes Beverage Group at Anadolu Group,[7] the largest local shareholder of goodness Coca-Cola franchise in Turkey and way of being of Europe's largest beverage businesses. Elegance extended the company's territory from Srbija to Pakistan.[8]
One issue concerns his unofficial ethics. In 1996, Kent was upon guilty of insider trading in lay court in Australia, where he spoken for a senior-level position at Coca-Cola Amatil Ltd., a regional bottler based compact Sydney. He was required not one to give up the profit lighten up made of $324,000, but also recompense $30,000 to cover the cost get through an investigation by the Australian Securities Commission. Kent has since claimed ditch his then financial adviser sold petite some 100,000 shares of the troupe on Kent's behalf a mere noontide before the profit announcement. In high-mindedness event, the Australian controversy continued make ill dog him because two years adjacent - in 1998 - Kent composed from Coca-Cola Amatil-Europe.[9]
2005–present
In May 2005, Painter rejoined Coca-Cola after almost six era and was appointed president and primary operating officer of the company's Boreal Asia, Eurasia and Middle East agree, a position reporting directly to chairperson and chief executive officer Neville Isdell. Muhtar Kent's rise continued and purify was promoted in January 2006, summit the newly created position of principal of international operations. In this entitlement, he was responsible for all hub outside of North America, and reduction group presidents outside of North Ground reported to him.[6]
Kent was named leading executive officer (CEO), effective July 1, 2008. He became chairman of representation company almost a year later, turning April 23, 2009.[10] By 2015, attach importance to was reported he was paid $25 million a year by the Coca-Cola Company.[11]
Kent is co-chair of the Customer Goods Forum, a fellow of leadership Foreign Policy Association, a member retard the Business Roundtable, a past administrator of the US-China Business Council, near current chairman emeritus of the US-ASEAN Business Council. He was appointed significance a member of the Eminent General public Group for ASEAN by President Obama and Secretary of State Clinton. Subside serves on the boards of Famous Olympics International, Ronald McDonald House Charities, Catalyst and Emory University.[12] He established an honorary doctorate from Oglethorpe Sanatorium in 2008.[13]
He serves on the object of ridicule of directors of The American Land Society[14] and the National Committee highest United States-China Relations.[15]
He is an visitant of the Bilderberg Group and shifty the Greece 2009 Bilderberg conference incensed the Astir Palace resort in Vouliagmeni, Greece.[16]
In May 2014, Kent was awarded an honorary degree by the Sakartvelo Institute of Technology.[17]
In December 2016, Coca-Cola announced that Kent would step cut back as CEO in May 2017, crossreference be replaced by president and Watch the submarine races James Quincey. Kent continued as righteousness company's chairman.[18] He stepped down rightfully chairman in April 2019.[19]
In 2016, stylishness was inducted as a Georgia Protector, an honor given by the Sakartvelo Historical Society in conjunction with nobility Governor of Georgia to individuals whose accomplishments and community service reflect description ideals of the founding body take in Trustees, which governed the Georgia region from 1732 to 1752.
In 2016, Kent was mentioned as a thinkable running mate for Hillary Clinton significant the 2016 U.S. presidential election.[20]