Coca-Cola promotes Jennifer Mann to President of North America unit
US – Beverage giant, Coca-Cola has appointed Jennifer Mann as the President of its largest operating segment, the North America unit, starting in 2023.
In this appointment, Mann will replace Alfredo Rivera who will step down on Dec. 31, but will remain with Coca-Cola as a senior advisor through March 2023, the company said.
Mann is the current senior vice president and president of Global Ventures and she is responsible for scaling acquisitions and brands, including Costa Coffee and Coca-Cola’s investment in Monster Beverage.
Prior to the current role, Mann served both as chief people officer and as chief of staff for CEO James Quincey.
From 2012 to 2015, she was vice president and general manager of Coca-Cola Freestyle, the Atlanta company’s touch-screen soda fountain, where she accelerated the worldwide expansion of the platform and led its development.
The restructuring is part of Coca-Cola’s efforts of trying to overhaul its portfolio to foster growth and position itself to better respond to changing trends and consumer preferences.
Coca-Cola Europacific Partners makes a partnership to convert captured CO2 into sugar
Elsewhere, Coca-Cola Europacific Partners has teamed up with the University of California Berkeley to develop technology that aims to slash supply chain emissions, while saving on material costs.
Through its investment platform CCEP Ventures, the partnership with the University of California, Berkeley (UCB) is aiming to develop scalable methods of converting captured CO2 into sugar.
With agricultural ingredients, including sugar, amounting to approximately a quarter of CCEP’s overall carbon footprint, the new technology could not only reduce emissions associated with the sugar manufacturing processes but also positively contribute to optimizing land usage.
Craig Twyford, head of CCEP Ventures, stated: “CCEP Ventures is helping us find solutions to industry challenges and provide funding to make these foundational technologies a reality.”
We’re excited to be involved in this project that could lead the industry in the development of transformational technology capable of converting CO2 into more complex, usable goods.”
CCEP Ventures has made an initial investment with UCB that will support the Peidong Yang Research Group’s work on foundational research that could enable the production of sugar from CO2 at an industrial scale.
CCEP added that it expects to make future investments to help drive the technology from the lab to the pilot phase.
Explaining further, the company said the development of lab-scale prototypes could make the generation of essential raw and packaging materials more sustainable in the long term.
This will ultimately reduce some of the largest sources of emissions in global supply chains, while also saving on material, transportation, and logistics costs.
The largest anchor bottlers of Coca-Cola said its investment in the partnership demonstrates the role that innovative new technologies can play in its journey to reaching net zero greenhouse gas emissions by 2040.
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