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Coca-Cola
restructures Indian operations
New Delhi: The Atlanta-based Coca-Cola Company
has announced the restructuring plans for its Indian subsidiary,
Coca-Cola India. The company has effected a top-level
management recast and has split the bottling and marketing
operations.
The
soft drink major has appointed John Ustas, from Coke Norway,
as CEO for its Indian company-owned bottling operations
(COBOs). Ustas' appointment as CEO leaves Coke India president
Sanjiv Gupta only with the concentrate business, franchisee
bottlers and marketing operations.
Current
recast within Coke India, includes reshuffling of portfolios
within finance and bottling divisions. Coke's headquarters
is expected to shortly announce appointment of a new CFO,
to replace current CFO Mark Roddy who's tenure ends in
September. The firm has announced appointment of Mark
Hudden as V-P, finance, of the bottling operations. Vipul
Saurabh, whom Ustas has replaced, will move to one of
Coke's international bottling operations.
Coca-Cola
India's bottling operations are handled by its subsidiary,
Hindustan Coca-Cola Beverages. It has 24 company-owned
and 26 franchisee-owned bottling plants.
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A.P. Sudhir
and Chitra Saha inducted into CBEC
New Delhi: The Central Board of Excise and Customs
(CBEC) has two new members A.P. Sudhir and Ms Chitra
Saha.
Sudhir was hitherto the Director General of Directorate
General of Revenue Intelligence, while Ms Saha was the
Chief Commissioner in Bhopal.
The
two members have come in the place of J.N. Nigam, who
was Member (Central Excise), and R.K. Tewari, who was
Member (Budget).
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