MAM

Coca Cola India appoints John Ustas as CEO of bottling operations

MUMBAI: Coca Cola India has appointed John Ustas as the CEO of the company's bottling operations with effect from 1 July.

This move has been made to help develop the company-owned organisations that will drive profitable growth, particularly in highly strategic and rapidly developing markets like India.

 

Ustas most recently served as managing director of Coca-Cola Drikker AS, the Norway bottling operations, where he led the creation of a strong, profitable bottler.

He has more than 23 years of experience in the beverage industry in the US and Europe and has a B.S. in finance from Northeastern University, an MBA from Pace University.

 

 

Ustas will work closely with the Coca-Cola India team and will report directly to Steve Buffington, regional director of Latin America and Asia for Bottling Investments.

"This move will help strengthen our management team in India and appropriately position us to capture a new level of success in one of our most important long-term growth markets," a company statement said.

 

 

Vipul Saurabh, who is the current head of the company's bottling operations in India, will work closely with Ustas over the next several months to ensure a smooth and successful transition.

Following this transition Saurabh will move to a challenging developmental role within our international bottling system, details of which will be announced at a later date.

Coca-Cola India is also on the lookout for a new chief financial officer (CFO). A company release informed that the changes to strengthen its finance team had been announced internally a month ago, when the present CFO Mark Roddy finished his tenure, who will move out in September. His replacement will be announced from Coca-Cola's Atlanta headquarters.

The changes in the finance team will see Coca Cola India vice president finance - bottling operations Sanjeev Kumar moving to Atlanta, who will be executive assistant to Coke's bottling investments president Irial Finan. Also, Coca Cola Zurich director finance Ravi Prakash has been brought back to the India operations.

Gaurav Duggal and Sunil Gupta have been promoted to deputy chief financial officers for the bottling operations.

"The company is fully Sarbanes-Oxley compliant, confirmed both by internal and external auditors as 31 December, 2004. The company regularly conducts internal audits of its operations, including financial and environmental audits," the statement said.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/harshik-800x800.jpg?itok=EcZrcw78
'Make Love Not Scars', advocates Ogilvy

Building on the worldwide success of its #EndAcidSale campaign for Make Love Not Scars last year, Ogilvy has launched a powerful new campaign to benefit the cause of acid-attack survivors.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/abhik-800x800_0.jpg?itok=cgbiWP3H
Ogilvy to creatively project Dominar's supremacy

Ogilvy India won the prestigious business of this new brand Bajaj Auto’s Dominar 400 after a rigorous pitch process lasting over two months.

MAM Media and Advertising Account
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/gautam-800x800.jpg?itok=X1eVVuJA
Rentomojo hires Dentsu Webchutney digital

In its rapid path to becoming a platform where you can subscribe to furniture and appliances for a period of your choice, Rentomojo - founded by Geetansh Bamania - has signed Dentsu Webchutney to shape its digital agenda.

MAM Media and Advertising AD Agencies
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/02/rajdeepak-das-800x800.jpg?itok=3RnxG_s1
Bajaj V launches Invincible Indians; for everyday heroes

Bajaj V's initiative titled ‘Invincible Indians: Stories that Invoke Pride Everyday’ will uncover stories of ordinary Indians who, by dint of their resolve and determination, performed extraordinary acts in the service of society.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/gunjan-800x800.jpg?itok=lLrM1v_c
Taproot springs a design Myntra

Myntra, India's leading platform for mass premium fashion will be launching a multi-media campaign by the end of this week, revealed Myntra Fashion chief marketing manager Gunjan Soni.

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/oppo-800x800.jpg?itok=kgIuDxG-
Oppo shines at Emerging Brand Award 2016

Chinese smart phone Oppo has won the Emerging Brand Award at World Marketing Congress Global Brand excellence awards for 2016. The brand has been associated with its successful promotion of Selfie Expert smartphones and strong connection with young consumers in 2016.

MAM Marketing Brands
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/Noomi-Mehta.jpg?itok=SAICBLC7
India's Noomi Mehta joins FEPE International board

MUMBAI: Noomi Mehta has been elected to the board of international out of home association FEPE International. He is the first representative from India’s out of home industry to sit on the FEPE board.

MAM Media and Advertising People
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/12/01/MTV-uncovers.jpg?itok=PMJoFDsP
MTV uncovers #CoverBeforeLover

MUMBAI: MTV is the universe of the young and has the final word on everything related to youth. This time around too the biggest, boldest and bravest youth channel has launched a new campaign on World AIDS day with a message #CoverbeforeLover. As a nation, we are obsessed with encasing everything...

MAM Media and Advertising Ad Campaigns
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2016/11/30/brian-800x800.jpg?itok=Xh0YL_OC
GroupM's new suite [m]Platform to make media planning flexible

GroupM has launched an advanced technology suite of flexible media planning applications, data analytics and digital services titled [m]Platform. The platform will improve advertisers’ ability to use audience-defining insights from hundreds of data sources to find and communicate with their...

MAM Media and Advertising AD Agencies

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories