CEO Isdell says things aren't going better with Coke
Article Abstract:
E. Neville Isdell, Chief Executive Officer of Coca-Cola Co., has warned investors and analysts that he expects the soft drink company's third-quarter profits will fall short of expectations. Isdell, who when he was hired by Coke in May, said he felt confident in the company's business strategy and was optimistic about its future, is now emphasizing the need for a serious re-evaluation of its direction and the quality of its leadership.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Isdell could lose Coke's Cola crown
Article Abstract:
Chief Executive Officer Neville Isdell came out of retirement to turn around the Coca Cola Co. of the United States, however valuation is falling and in the struggle to be the King of Soda, PepsiCo Inc. is winning. Coca Cola Co. shares are down 17 percent to $42.54 and the soft drink giant is valued at $101.21 billion. American, PepsiCo Inc. shares are up 12 percent to $59.71 and the company is valued at $99.2 billion.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Coke investors crave dramatic fix from CEO
Article Abstract:
Coca-Cola's new CEO, E. Neville Isdell, acknowledged that the company's recent performance had been less than successful. Investors hope that Isdell can turn the ailing company around with some new ideas and strategies. An dramatic change of direction is considered unlikely.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Comment about this article or add new information about this topic:
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