Chrystia Freeland, Financial Times US managing editor, interviewed Neville Isdell of Coca Cola. In this segment discussing his board, acquisitions and corporate social responsibility. This is a transcript of the interview.
Showing posts with label Neville Isdell. Show all posts
Showing posts with label Neville Isdell. Show all posts
Monday, September 17, 2007
Thursday, August 30, 2007
Coca-Cola Can't Catch Goizueta With Coke, Tries Lab
Roberto Goizueta, the late, legendary Chief Executive Officer of Coca-Cola Co., fueled a 39- fold surge in the company's stock by relying on its flagship brand: Coke.
Now, after the U.S. market for soft drinks shrank for two years, current CEO Neville Isdell has turned to the lab to try to restore growth and revive the shares by creating new drinks with proven health benefits. Some say it's too little, too late.
"They're doing the right thing with these new drinks, but I still see a problem for them with reliance on soft drinks,'' said Walter Todd, a principal at Greenwood Capital Associates LLC, which held Coca-Cola shares when they peaked. The South Carolina firm is affiliated with WealthTrust LLC, which manages $6 billion.
Full Article
Now, after the U.S. market for soft drinks shrank for two years, current CEO Neville Isdell has turned to the lab to try to restore growth and revive the shares by creating new drinks with proven health benefits. Some say it's too little, too late.
"They're doing the right thing with these new drinks, but I still see a problem for them with reliance on soft drinks,'' said Walter Todd, a principal at Greenwood Capital Associates LLC, which held Coca-Cola shares when they peaked. The South Carolina firm is affiliated with WealthTrust LLC, which manages $6 billion.
Subscribe to:
Posts (Atom)