Summary: James Quincey, the company's president and chief operating officer, will become CEO on May 1, the company announced Friday.Quincey, has worked for Coca-Cola for 20 years. He will assume responsibility for one of the most recognized brand names in the world. Only Apple, Google and Microsoft have more valuable brands, according to Forbes. Kent, 64, has been CEO for eight years and will continue as chairman. The company quoted longtime Coke investor Warren Buffett of Berkshire Hathaway (BRKA) praising him as an "excellent steward" of the company, and Quincey as a "smart investment" for the future of Coca-Cola. Kent was paid a total of $14.6 million last year, according to regulatory filings. Quincey was paid about $6.8 million.
Synthesis: This article is important because a change in a large cooperation, like Coca-Cola, may or may not have big effects in the worlds economy, etc, so people are interested as to if he will make changes in the company.
http://money.cnn.com/2016/12/09/news/companies/coca-cola-ceo-quincey/index.html
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