12 Dec 2016 --- Coca-Cola chief executive Muhtar Kent is stepping down after eight years at the helm of one of the most recognized brands in the world. Kent, who is 64, will be placed by 51-year-old James Quincey, Coke’s chief operating officer, who will take over leadership on May 1 next year. The change at the top of Coca-Cola follows just days after Howard Schultz, the chief executive of Starbucks, another beverage company, stood down.
