Beverage major Coca-Cola has made key changes in the leadership team of its India and South West Asia operations including at its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd, as part of a global restructuring plan.
It has appointed Neeraj Garg as the new Chief Executive Officer of Hindustan Coca-Cola Beverages (HCCB) effective January 1. Garg succeeds Christina Ruggiero. Garg is currently the President of the West Africa Business Unit of the beverage major.
Ruggiero, the first women CEO of HCCB, will be ending her three-year stint at the company and take on a new leadership role. She has been appointed as the President of Central Operations, North America Operating Unit, the Coca-Cola Company.
In an e-mailed response to queries from BusinessLine, Marcelo Boffi, President, Bottling Investments Group, The Coca-Cola Company, said, “Christina has helped build a solid foundation for HCCB as one of the premier FMCG organisations in the country. Neeraj takes over from here, coming in with extensive FMCG experience. Since Neeraj has worked across global markets, HCCB will find his insights and expertise extremely useful in unlocking the next phase of growth for HCCB in India.”
With this development, from January 1, new leaders will be at the helm of Coca-Cola India, the South West Asia operating unit and HCCB. In September, the beverage major had stated that Sanket Ray will be taking over as the new President of Coca-Cola India and South West Asia operating unit. T Krishnakumar will take over the role of the Chairman of