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Coca-Cola Femsa announces that its CEO will resign and be replaced by Ian Craig García

MADRID, 14 Oct.

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Coca-Cola Femsa announces that its CEO will resign and be replaced by Ian Craig García

MADRID, 14 Oct. (EUROPA PRESS) -

The CEO of Coca-Cola Femsa, John Santa María Otazua, will retire from his position on January 1, 2023 and, consequently, the Board of Directors has appointed the current CEO of the company in Brazil, Ian Craig García, as reported by the company in a statement, collected by Europa Press.

Otazua has had a 27-year career at Coca-Cola Femsa, holding various key roles as the company has evolved and grown. In his role as CEO since 2014, the CEO has been "instrumental" in guiding Coca-Cola Femsa through a "profound operational and digital transformation that positioned the company to deliver long-term sustainable value creation, at measure that expanded its geographical scope to include more territories in Brazil, Guatemala and Uruguay", collects the text.

For his part, Ian Craig has been a prominent member of the Femsa team for 28 years, with increasing responsibilities in the company since 2003. Working closely with Otazuna, he has been CEO of Coca-Cola Femsa Brazil since 2016, achieving remarkable results." at every stage and in every aspect of the business.

At the same time, Alfonso Garza Garza will retire from his position as General Director of Strategic Businesses of Femsa also on January 1, 2023 and in his place the Board of Directors of Femsa has elected with full support Constantino Spas Montesinos, current director of Coca-Cola Femsa finances.