Coca-Cola names new Europe President

Business Forum
Coca-Cola has announced new leadership changes within the company. Luisa Ortega will assume the role of President of the Europe Operating Unit starting September, succeeding Nikos Koumettis, who is set to retire in 2026 after a 25-year career with the company.

Ortega joined Coca-Cola in 2019 and currently serves as President of the Africa Operating Unit, overseeing a complex portfolio spanning 54 markets. 

In her new role, Ortega will report directly to Henrique Braun. Her successor as President of the Africa Operating Unit will be announced at a later date. 

Braun, Executive Vice President and Chief Operating Officer, The Coca-Cola Company, stated: "Her valuable international experience will make a significant contribution to strengthening Europe's position as one of the company's most important operating units.”

She brings over 14 years of experience from SC Johnson, with leadership roles in Europe, the United States, and the Asia-Pacific region.

Koumettis will remain with Coca-Cola until February 28, 2026, as a Senior Advisor and will join the Board of Directors of Hindustan Coca-Cola Beverages. He took the helm of the Europe Operating Unit when it was established in 2021.

Koumettis, who joined Coca-Cola in 2001, has overseen operations in more than 100 countries during his career.

RECOMMENDED
Romanias luxury retail niche ripe for growth
Real estate

Romania's luxury retail niche ripe for growth

The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.

RECOMMENDED FROM THE HOME PAGE
Real estate

3DinBox invests €500,000 in new HQ

3DinBox, the first 3D printing technology hub in Romania, has invested €500,000 in a new HQ, allowing the company to expand its product and service offering.

READ MORE
Business Forum  |  29 July, 2025 at 12:04 PM
Business Forum  |  29 July, 2025 at 9:13 AM