Google Reorganizes Business and Leadership
Technology innovator Google announced the separation of its core businesses from its myriad other ventures that will all now align under a larger parent company, Alphabet. Former Google CEO Larry Page will lead that new parent company, while the top spot at Google is going to Sundar Pachai, who most recently served as SVP of products. Pachai has been with Google since 2004 and has overseen the development and launch of some very successful products including Google Toolbar, the Chrome browser and Chrome-branded devices, Gmail, Google Docs, and the Android mobile products. As product chief he also oversaw services like YouTube, Google Maps, and Google+.
New Belgium Brewing Raises a Glass to New CEO
Colorado craft brewer New Belgium Brewing announced the appointment of Christine Perich as CEO, replacing company founder Kim Jordan, who will now become chair of the company’s board of directors after 24 years as chief. Perich has been with the company since 2000, when she was hired as the company’s controller. In the years since, she has been CFO, COO, and president of the company, overseeing the company’s transition to an employee-owned business and directing the construction of a new brewery in Asheville, North Carolina.
Coca-Cola Elevates Quincey to #2 Spot
Global beverage industry giant Coca-Cola Company announced the appointment of James Quincey as the company’s new president and COO, giving him responsibility for all worldwide operations. The promotion effectively makes him deputy to CEO Muhtar Kent, as well as his most likely successor. Quincey has been with Coke for 19 years, holding executive roles in the company’s Latin American, European, and Nordic markets. He has also directed a number of strategic acquisitions in those markets (including the acquisitions of successful brands like Innocent juice and Jugos de Valle). Quincey recently set in motion a proposed merger and consolidation of the company’s disparate European bottling operations to minimize cost amid weakening global sales.
Look for more Executives On The Move very soon!