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Recent leadership changes at global consumer goods firms
Business World Philippines
|December 12, 2025
COCA-COLA named insider Henrique Braun as its new chief executive officer (CEO) on Wednesday, as packaged food companies try to adjust their strategies to consumers looking for healthier and more affordable drinks and snacks.
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Mr. Braun, currently chief operating officer, will succeed James Quincey, who is stepping down after nine years at the helm.
The move is the latest in a string of leadership changes sweeping through the retail sector as companies tackle tariff pressures, an uncertain economy and a choppy consumer spending backdrop.
Here are some of the major CEO changes among global consumer goods companies in the past year.
Company: COCA-COLA
Date of Announcement: Dec. 10, 2025
Details: Coca-Cola named insider Henrique Braun as its new CEO, replacing James Quincey, effective March 31, 2026.
KOHL’S CORP.
Nov. 24, 2025
Kohl's Corp. named retail veteran Michael Bender as its permanent CEO, after he served as the interim chief since May.
Mr. Bender replaced Ashley Buchanan, who was fired for a personal relationship with a vendor.
WALMART
Nov. 14, 2025
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