Muhtar Kent was named CEO of Coca Cola in 2008 and was recently named Chairman of the Board of Directors. I have not had an opportunity to listen to Mr. Kent speak about the company in the past and found his comments on Coca Cola’s future prospects and general economic conditions quite interesting. Mr. Kent’s comments on the Obama Administration’s proposal related to the taxation of profits earned in foreign subsidiaries are particularly important not only for Coca Cola but for the economy in general.
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Disclosure: The author does not own shares of Coca Cola directly. However, the author owns shares of Berkshire Hathaway which has significant holdings of Coca Cola stock.