USA | The Coca‑Cola Company 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 her retirement, 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 JPMorgan Chase & Co.
Earlier in her career, Lagomasino was Managing Director of The Chase Manhattan Bank, overseeing 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 honour 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.”
More global news here
