date:Feb 24, 2014
ry wit, he added.
Fayard will be succeeded by the current vice president of Finance and Controller, Kathy Waller.
Having joined Coca-Cola from Deloitte in 1987, she has held the current position since 2009.
She is leader of the groups Womens Leadership Council and was also involved in developing Coca-Colas Women in Leadership global programme.
Earlier this week, Coca-Cola said it would intensify its cost-cutting to produce another $1 billion in savings by 2016.