Coca-Cola promotes Evguenia “Jeny” Stoichkova to President of Global Ventures unit

US – Coca-Cola Company has restructered its leadership, naming Evguenia “Jeny” Stoichkova as the president of Global Ventures, a unit of the company that focuses on globally scaling acquisitions and brands, including Costa Coffee and Coca-Cola’s investment in Monster Beverage Corp.

Stoichkova, currently serving as the president of the company’s Eurasia & Middle East operating unit, will begin her new role on Jan. 1, 2023, and will report to President and Chief Financial Officer John Murphy.

Before her current role, which she has held since 2021, Stoichkova was president of the company’s former Turkey, Caucasus, and Central Asia business unit from 2017 to 2020.

Stoichkova started her career at Danone Group in 1994 and led Danone marketing in Bulgaria from 2000 to 2004.

On the other hand, Stoichkova will be succeeded as president of the Eurasia & Middle East operating unit by Sedef Salingan Sahin, who currently serves as president of the nutrition, juice, dairy, and plant category for the company since 2021.

Sahin begins her new role on Jan. 1, 2023, and will report to Chairman and CEO James Quincey. Sahin, who joined the company in 2003, has held several leadership roles within the organization.

Before being named president of the nutrition, juice, dairy, and plant category, Sahin served as vice president of operations and strategy for the company’s Europe, Middle East & Africa group from 2018 to 2020. 

Before joining Coca-Cola, Sahin worked at McKinsey & Company as a consultant and at Procter & Gamble as a brand manager.

Coca-Cola Canada Bottling Limited inaugurates its new US1.5m distribution facility

Meanwhile, Coca-Cola Canada Bottling Limited (Coke Canada Bottling) has officially opened a US$1.5-million distribution facility, replacing the older and smaller distribution center on Railway Street.

The new facility, which offers both more space than the old distribution center and a new design that will improve efficiencies within the distribution center and warehousing area, has been fully operational since May.

The new distribution center has more than 80 Coke Canada employees who distribute, merchandise, and sell more than 400 products, including Coca-Cola, Monster Energy, and Canada Dry from Port Hope to Cornwall.

The current distribution center is said to operate 24 hours a day, five days a week, and serves 500 local customers, annually injecting close to US$750,000 into the local economy through local vendors and partners.   

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