Financial Daily from THE HINDU group of publications
Wednesday, Aug 10, 2005
Financial Daily from THE HINDU group of publications Wednesday, Aug 10, 2005 |
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Corporate
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People Coca-Cola names Atul Singh as head of India division Our Bureau
New Delhi , Aug. 9 COCA-COLA has announced the appointment of Mr Atul Singh as the new President for its India division, replacing Mr Sanjiv Gupta. Mr Singh, at present the company's East, Central and South China division head, will take charge from September 1. According to a Coca-Cola release, Mr Gupta is leaving the company to pursue "personal interests." This will be Mr Singh's second stint in India. He had earlier spearheaded Coke's franchisee bottling operations in India between 1999 and 2002. The departure of Mr Gupta, who had been on medical leave for several days now, had been anticipated after the company hived off the bottling operations into a separate entity. As per the new structure, Mr John Ustas, who was heading Coca-Cola's bottling operations in Norway and was appointed the CEO of Company-owned Bottlers (CoBos) in India early last month, will report to Mr Steve Buffington, Regional Director of Latin America and Asia for Bottling Investments. Following the shake-up, Mr Gupta was left with the charge of the concentrate business, franchise bottlers and marketing operations. The Coca-Cola India division comprises India, Sri Lanka, Bhutan and franchisees, as well as bottling operations in India.
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