Coke's Turn


Coca-Cola's Knauss

The spotlight may have been on Pepsi, but Coke was well-represented at the Forum with some words from president and COO Donald Knauss. All eyes have been on the world’s No. 1 beverage company since E. Neville Isdell took the reins as CEO last year and Knauss offered some insight on where the company stands one year later. “Our real focus is getting North America back to its preeminent role in our system, that’s really what we’re focused on and we believe the ship is turning into the wind, we’re getting this thing moving.”

The company has focused a great deal on innovation—evidenced by the recent appointment of Mary Minnick to a newly created position heading corporate innovation, marketing and strategy—and this year launched a succession of new products. Its latest, Coca-Cola Zero, rolled out in June. The product represents an effort to broaden the appeal for zero-calorie beverages, wooing consumers who are turned off by the word “diet.” “Particularly younger males and females really respond to the idea of zero,” Knauss said.