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Warren Buffett On Why He'll Never Sell a Share of Coke Stock

"The Oracle of Omaha" and Coca-Cola board member, Warren Buffett sits down with Coke CEO Muhtar Kent to share his history, affection and enthusiasm for the company, KO stock and explains why he'll never sell a share. Read the article here:

The Coca-Cola Co. video

Warren Buffett On Why He'll Never Sell a Share of Coke Stock

The Coca-Cola Co. video

Coca Cola Personal Road


Muhtar Kent, Chairman of the Board and Chief Executive Officer
Muhtar Kent is Chairman of the Board and Chief Executive Officer of The Coca-Cola Company, a position he has held since April 2009. Previously he was President and Chief Executive Officer and earlier, President and Chief Operating Officer.
Mr. Kent joined The Coca-Cola Company in Atlanta in 1978, holding a variety of marketing and operations leadership positions over the course of his career. In 1985, he became General Manager of Coca-Cola Turkey and Central Asia. Beginning in 1989, he served as President of the Company's East Central Europe Division and Senior Vice President of Coca-Cola International, with responsibility for 23 countries.
In 1995, Mr. Kent was named Managing Director of Coca-Cola Amatil-Europe, covering bottling operations in 12 countries. In 1999, he became President and CEO of the Efes Beverage Group, a diversified beverage company with Coca-Cola and beer operations across Southeast Europe, Turkey and Central Asia.
Mr. Kent returned to The Coca-Cola Company in 2005 as President and Chief Operating Officer of the Company's North Asia, Eurasia and Middle East Group, an organization serving a broad and diverse region that included China, Japan and Russia. Less than a year later, he became President of Coca-Cola International, leading all of the Company's operations outside North America.
Mr. Kent holds a Bachelor of Science degree in Economics from the University of Hull in England and a Master of Science degree in Administrative Sciences from Cass Business School, City University London.
Active in the global business community, Mr. Kent is co-chair of The Consumer Goods Forum, a fellow of the Foreign Policy Association, a member of the Business Roundtable, a past Chairman of the U.S.-China Business Council and Chairman Emeritus of the U.S. ASEAN Business Council. He also was recently appointed as a member of the Eminent Persons Group for ASEAN by President Obama and Secretary of State Clinton. He serves on the boards of Special Olympics International, Ronald McDonald House Charities, Catalyst and Emory University.
Gary P. Fayard, Executive Vice President and Chief Financial Officer
Gary P. Fayard, Executive Vice President and Chief Financial Officer, joined the company in 1994 as Vice President and Controller. He was promoted to the role of Senior Vice President and Chief Financial Officer in 1999 and to his current position as Executive Vice President and Chief Financial Officer in 2003. He also currently serves on the board of directors of Coca-Cola FEMSA.
Mr. Fayard also serves on the board of the Atlanta Area Council of the Boy Scouts, the Atlanta Symphony Orchestra, the University of Alabama Board of Visitors and the University of Alabama President''s Cabinet. He is a member of the American Institute of CPAs. He previously has served on the Financial Accounting Standards Advisory Council and the American Assembly at Columbia University, as well as the boards of Coca-Cola Enterprises, the Alliance Theater and the American Kidney Foundation.
Prior to joining the Company, Mr. Fayard served 19 years with Ernst & Young, concluding his service there as a partner, area director of audit services, and area director of manufacturing services.
Mr. Fayard received his bachelor's degree from The University of Alabama College of Commerce and Business Administration.
Alexander B. Cummings, Jr., Executive Vice President and Chief Administrative Officer
Mr. Alexander B. Cummings is Executive Vice President and Chief Administrative Officer (CAO) of The Coca-Cola Company. The CAO structure consolidates key global corporate functions in a purposeful approach to effectively support the business operations of The Coca-Cola Company. Key global corporate functions reporting to the CAO include Legal, People Function, Global Community Connections, Strategic Planning, Information Technology, Sustainability, Strategic Security and Aviation, and the Technical organization comprising of: Research & Development, Science, Global Quality and Product Integrity, Supply Chain, and Procurement. These functions support our five operating groups with presence in over 200 countries.
Born in Liberia, West Africa, Mr. Cummings joined The Coca-Cola Company in 1997 as Region Manager, Nigeria. In 2000, he was named President of the Company's North & West Africa Division. In March 2001, he became President and Chief Operating Officer of the Africa Group, responsible for the Company's operations in Africa, encompassing a total of 56 countries and territories across the continent.
Prior to joining the Company, Mr. Cummings held several positions with The Pillsbury Company in the U.S. In his last role as Vice President of Finance for Pillsbury International, he had financial responsibility for a growing $1.2 billion international branded food business with operating companies in 16 countries.
Mr. Cummings currently serves on the boards of C.A.R.E. and Clark Atlanta University. He also is a board member of S.C. Johnson & Son, Inc. and Coca-Cola Bottling Co. Consolidated, a publicly traded bottler of The Coca-Cola Company (NASDAQ). He is a member of the Executive Leadership Council.
In addition, Mr. Cummings has previously served on the following boards; The African Presidential Archives & Research Center, Corporate Council on Africa, African-America Institute, Africare, and the following bottling partner entities of The Coca-Cola Company: Coca-Cola Hellenic Bottling Company, Coca-Cola Sabco (Pty.) Ltd., Equatorial Coca-Cola Bottling Company, and The Coca-Cola Bottling Company of Egypt.
Mr. Cummings holds a B.S. degree in Finance and Economics from Northern Illinois University and an MBA in Finance from Atlanta University.

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