The Coca-Cola Company Announces Maria Elena Lagomasino Will Conclude Her Service on the Board of Directors

ATLANTA--(BUSINESS WIRE)--The Coca-Cola Company today announced that, in accordance with the company’s corporate governance guidelines, Maria Elena Lagomasino will not be renominated for election and will retire from the board in April after 18 years of service.

Lagomasino, 76, joined the board in 2008 and served as lead independent director from 2019 to 2024. With Lagomasino’s retirement April 29, there will be 12 directors standing for election at Coca-Cola’s annual meeting of shareowners.

“I know I speak for many people at our company in thanking Mel for her service to Coca-Cola,” said James Quincey, Chairman and CEO of The Coca-Cola Company. “Mel has been a great partner, a respected advisor and a vital mentor to many people. We appreciate the positive impact she’s had on Coca-Cola and wish her all the best in the future.”

Since 2013, Lagomasino has served as CEO and Managing Partner of WE Family Offices, a global family office serving high net worth families. She previously was CEO of GenSpring Family Offices, LLC, an affiliate of SunTrust Banks, Inc., from 2005 to 2012. From 2001 to 2005, she served as Chairman and CEO of JPMorgan Private Bank, a division of JP Morgan Chase & Co.

Earlier in her career, Lagomasino was Managing Director of The Chase Manhattan Bank, in charge of its Global Private Banking Group. She is a former director of Chase Manhattan Bank and is a current director of The Walt Disney Company.

“It has been an honor and a privilege to serve as a member of the board of The Coca-Cola Company,” Lagomasino said. “I look forward to watching the company’s continued success.”

About The Coca-Cola Company

The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company’s purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Instagram, Facebook and LinkedIn.