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Coca-Cola CEO stepping down

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Muhtar Kent is stepping down from CEO of Coca-Cola after eight years in the position. He will continue with the company as chairman. 

James Quincey, who has worked for Coca-Cola for 20 years, will become CEO. He's currently the company’s president and chief operating officer. 

His new position begins on May 1. 

Read more from CNNMoney.


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