Coca-Cola Company filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$KO
Beverages (Production/Distribution)
Consumer Staples
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 17, 2024, the Board of Directors (the “Board”) of The Coca-Cola Company (the “Company”) increased the size of the Board to 12 members and elected Bela Bajaria as a Director of the Company, effective immediately. Ms. Bajaria was also appointed to the Board’s Talent and Compensation Committee.
Ms. Bajaria will participate in The Coca-Cola Company Directors’ Plan (the “Compensation Plan”), pursuant to which in 2024 she will be entitled to a prorated portion of the annual compensation paid to non-employee Directors, consisting of $90,000 to be paid in quarterly installments in cash and $200,000 to be paid in deferred share units. The Compensation Plan is described further starting on page 45 of the Company’s 2024 Proxy Statement.
There are no transactions in which Ms. Bajaria has an interest requiring disclosure under Item 404(a) of Regulation S-K. There is no arrangement or understanding between Ms. Bajaria and any other persons pursuant to which she was selected as a Director.
A copy of the Company’s press release announcing the election of Ms. Bajaria to the Board is furnished with this report as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | ||||
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the iXBRL document). | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| THE COCA-COLA COMPANY (REGISTRANT) | ||||||||
| Date: October 17, 2024 | By: | /s/ Monica Howard Douglas | ||||||
| Monica Howard Douglas Executive Vice President and Global General Counsel | ||||||||