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Coca-Cola taps COO as next CEO

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Coca-Cola Chief Operating Officer Henrique Braun has been tapped to take over as CEO next year.

Braun is scheduled to succeed CEO James Quincey on March 31. Quincey will stay on with the company as executive board chair.

Braun is a Coca-Cola employee since 1996 who became COO at the beginning of the year.

Read more from CNBC.

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