UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 45)*
Coca-Cola Bottling Co. Consolidated
(Name of Issuer)
Common Stock, Par Value $1.00 Per Share
(Title and Class of Securities)
191098102
(CUSIP Number)
Bernhard Goepelt
Senior Vice President, General Counsel and Chief Legal Counsel
The Coca-Cola Company
One Coca-Cola Plaza
Atlanta, Georgia 30313
(404) 676-2121
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
April 13, 2017
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
(continued on following pages)
SCHEDULE 13D/A
CUSIP No. - 191098102
1 | NAME OF REPORTING PERSON | ||
THE COCA-COLA COMPANY | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | (a) o | |
(b) x | |||
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS* | ||
OO | |||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||
State of Delaware | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 2,482,165 | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 2,482,165 | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,482,165 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES | o | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 34.76% | ||
14 | TYPE OF REPORTING PERSON* CO |
*SEE INSTRUCTIONS BEFORE FILLING OUT
2 |
SCHEDULE 13D/A
CUSIP No. - 191098102
1 | NAME OF REPORTING PERSON | ||
THE COCA-COLA TRADING COMPANY LLC | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | (a) o | |
(b) x | |||
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS* | ||
OO | |||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||
State of Delaware | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 2,482,165 | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 2,482,165 | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,482,165 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES | o | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 34.76% | ||
14 | TYPE OF REPORTING PERSON* OO |
*SEE INSTRUCTIONS BEFORE FILLING OUT
3 |
SCHEDULE 13D/A
CUSIP No. - 191098102
1 | NAME OF REPORTING PERSON | ||
COCA-COLA OASIS LLC | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | (a) o | |
(b) x | |||
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS* | ||
OO | |||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||
State of Delaware | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 2,482,165 | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 2,482,165 | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,482,165 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES | o | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 34.76% | ||
14 |
TYPE OF REPORTING PERSON* OO |
*SEE INSTRUCTIONS BEFORE FILLING OUT
4 |
SCHEDULE 13D/A
CUSIP No. - 191098102
1 | NAME OF REPORTING PERSON | ||
CAROLINA COCA-COLA BOTTLING INVESTMENTS, INC. | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | (a) o | |
(b) x | |||
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS* | ||
OO | |||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) o | ||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||
State of Delaware | |||
NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
7 | SOLE VOTING POWER 0 | |
8 | SHARED VOTING POWER 2,482,165 | ||
9 | SOLE DISPOSITIVE POWER 0 | ||
10 | SHARED DISPOSITIVE POWER 2,482,165 | ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,482,165 | ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES | o | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11 34.76% | ||
14 | TYPE OF REPORTING PERSON* CO |
*SEE INSTRUCTIONS BEFORE FILLING OUT
5 |
This Amendment No. 45 amends and supplements the original Schedule 13D filed on May 18, 1987 by The Coca-Cola Company, as amended by Amendments 1 through 44 (the “Schedule 13D”). Terms used herein and not otherwise defined shall have the meanings given such terms in the Schedule 13D.
Item 4. | Purpose of the Transaction |
Item 4 is hereby amended and supplemented as follows:
Distribution Asset Purchase Agreement. On April 13, 2017, Coca-Cola Bottling Co. Consolidated (the “Coke Consolidated”) and Coca-Cola Refreshments USA, Inc. (“CCR”), a wholly-owned subsidiary of The Coca-Cola Company, entered into an asset purchase agreement (the “April 2017 Distribution APA”) regarding Coke Consolidated’s acquisition of assets used primarily by CCR in the distribution, promotion, marketing and sale of beverage products owned and licensed by The Coca-Cola Company and of cross-licensed brands (as defined below) in territories located in northern Ohio that are currently served by CCR (the “Territory”). The territory expansion transaction contemplated by the April 2017 Distribution APA was described in the non-binding letter of intent entered into by Coke Consolidated and The Coca-Cola Company on February 8, 2016 and described in Amendment No. 39 to the Schedule 13D filed with the Securities and Exchange Commission (the “SEC”) on February 10, 2016 and filed as Exhibit 99.2 thereto (as amended pursuant to the non-binding letter of intent entered into by Coke Consolidated and The Coca-Cola Company on February 6, 2017 and described in Amendment No. 43 to the Schedule 13D filed with the SEC on February 7, 2017 and filed as Exhibit 99.2 thereto, the “February 2016 LOI”).
Pursuant to the April 2017 Distribution APA, Coke Consolidated will purchase from CCR (i) certain rights relating to the distribution, promotion, marketing and sale of certain beverage brands not owned or licensed by The Coca-Cola Company (“cross-licensed brands”) but currently distributed by CCR in the Territory and (ii) certain assets related to the distribution, promotion, marketing and sale of both The Coca-Cola Company beverage brands and cross-licensed brands currently distributed by CCR in the Territory (the business currently conducted by CCR in the Territory using such assets is referred to as the “Distribution Business”) and assume certain liabilities and obligations of CCR relating to the Distribution Business. Subject in each case to certain adjustments as set forth in the April 2017 Distribution APA, the aggregate purchase price for the transferred assets is approximately $45.2 million, and the base purchase price amount to be paid by Coke Consolidated in cash after deducting the value of certain retained assets and retained liabilities is approximately $36.8 million.
The April 2017 Distribution APA includes customary representations, warranties, covenants and agreements, including, among other things, covenants of CCR regarding the conduct of the Distribution Business prior to the closing of the transaction contemplated by the April 2017 Distribution APA. The representations and warranties of Coke Consolidated and CCR will survive for 18 months following the transaction closing date under the April 2017 Distribution APA, except that the representations and warranties of Coke Consolidated and CCR relating to incorporation, authority, no conflicts, CCR’s title to the transferred assets and broker fees will not expire, the representations and warranties of CCR with respect to environmental matters will survive for five years following the transaction closing date and the representations and warranties of CCR with respect to employee benefits matters and tax matters will survive for three years following the transaction closing date. CCR is obligated to indemnify Coke Consolidated with respect to, among other matters, inaccuracies or breaches of representations or warranties (subject to certain customary limitations), breaches of covenants and liabilities retained by CCR. Coke Consolidated is obligated to indemnify CCR with respect to inaccuracies or breaches of representations or warranties, breaches of covenants, the ownership, operation or use of the transferred assets or the operations of the Distribution Business after the closing and certain liabilities assumed by Coke Consolidated.
The April 2017 Distribution APA contains customary termination rights for both Coke Consolidated and CCR, including (i) the right of each party to terminate if the transaction contemplated by the April 2017 Distribution APA has not closed by December 31, 2017 and (ii) the right of Coke Consolidated to terminate (subject to certain conditions) if any matters disclosed by amendments or supplements to the disclosure schedules delivered by CCR would (absent such amendments or supplements) cause the applicable closing condition related to the bring-down of the representations and warranties by CCR in the April 2017 Distribution APA to no longer be met.
6 |
Consummation of the transaction contemplated by the April 2017 Distribution APA is subject to a number of conditions precedent and future events occurring, including: (i) the absence of any law or governmental order precluding the consummation of the transaction contemplated by the April 2017 Distribution APA and the absence of any governmental proceeding seeking such an order, (ii) the receipt of any required governmental consents, (iii) the expiration or termination of any waiting period applicable to the consummation of the transaction contemplated by the April 2017 Distribution APA under the Hart-Scott-Rodino Act, if applicable to the transaction, (iv) the receipt and delivery by CCR of certain third party consents, (v) agreement upon matters related to the financial methodology underlying certain financial information about the Distribution Business, (vi) agreement upon matters related to the age and condition of certain fleet assets and vending equipment to be transferred at the closing, (vii) the execution of an amendment to Coke Consolidated’s final comprehensive beverage agreement with respect to the Distribution Business, (viii) no material adverse effect shall have occurred with respect to the Distribution Business, (ix) the continued accuracy of the representations and warranties given by CCR and Coke Consolidated (subject to certain qualifications), and (x) the execution of certain agreements or other documents with respect to the Distribution Business regarding (A) employee matters, (B) transition services to be provided by CCR to Coke Consolidated (if necessary), and (C) the delivery by The Coca-Cola Company of confirmation of certain marketing funding support arrangements. There can be no assurances that these future events will occur or that these conditions will be satisfied, or if not satisfied, waived at the closing.
Pursuant to the April 2017 Distribution APA, Coke Consolidated and CCR have also agreed to use their reasonable good faith efforts to (i) mutually agree upon one or more legally binding agreements with respect to Coke Consolidated’s economic participation in the existing U.S. national food service and warehouse juice businesses of The Coca-Cola Company and its applicable affiliates, on commercially reasonable terms and conditions to be negotiated in good faith by Coke Consolidated and CCR, and (ii) reach alignment on the key business principles of Coke Consolidated’s economic participation in all future non-direct store delivery products or business models of The Coca-Cola Company and its applicable affiliates, including all future beverages, beverage components, and other beverage products distributed by means other than direct store delivery. However, Coke Consolidated and CCR have agreed that neither the execution of agreements regarding any such economic participation nor reaching alignment on such key business principles is a condition to closing the transaction under the April 2017 Distribution APA.
Manufacturing Asset Purchase Agreement. Concurrent with the execution of the April 2017 Distribution APA, on April 13, 2017, Coke Consolidated and CCR entered into an asset purchase agreement (the “April 2017 Manufacturing APA”), pursuant to which CCR will sell to Coke Consolidated a regional manufacturing facility located in Twinsburg, Ohio (the “Twinsburg Facility”) and related manufacturing assets as Coke Consolidated continues to expand its role as a regional producing bottler in The Coca-Cola Company’s national product supply system. The transaction contemplated by the April 2017 Manufacturing APA was described in the February 2016 LOI.
Pursuant to the April 2017 Manufacturing APA, Coke Consolidated will purchase from CCR the Twinsburg Facility and related manufacturing assets that currently help serve the Territory (the business currently conducted by CCR at the Twinsburg Facility is referred to as the “Manufacturing Business”). Coke Consolidated will also assume certain liabilities and obligations of CCR relating to the Manufacturing Business. Subject in each case to certain adjustments as set forth in the April 2017 Manufacturing APA, the aggregate purchase price for the Twinsburg Facility and related manufacturing assets is approximately $38.7 million, and the base purchase price amount to be paid by Coke Consolidated in cash after adjusting for the value of certain retained assets and retained liabilities is approximately $50.1 million.
The April 2017 Manufacturing APA includes customary representations, warranties, covenants and agreements, including covenants of CCR regarding the Manufacturing Business conducted at the Twinsburg Facility prior to the closing of the transaction contemplated by the April 2017 Manufacturing APA. The representations and warranties of Coke Consolidated and CCR will survive for 18 months following the transaction closing date under the April 2017 Manufacturing APA, except that the representations and warranties of Coke Consolidated and CCR relating to incorporation, authority, no conflicts, CCR’s title to the transferred assets and broker fees will not expire, the representations and warranties of CCR with respect to environmental matters will survive for five years following the transaction closing date and the representations and warranties of CCR with respect to employee benefits matters and tax matters will survive for three years following the transaction closing date. CCR is obligated to indemnify Coke Consolidated with respect to inaccuracies or breaches of representations or warranties (subject to certain customary limitations), breaches of covenants and liabilities retained by CCR. Coke Consolidated is obligated to indemnify CCR with respect to inaccuracies or breaches of representations or warranties, breaches of covenants, the ownership, operation or use of the transferred assets or the operation of the Manufacturing Business after the closing and certain liabilities assumed by Coke Consolidated.
7 |
The April 2017 Manufacturing APA contains customary termination rights for both Coke Consolidated and CCR, including (i) the right of each party to terminate if the transaction contemplated by the April 2017 Manufacturing APA has not closed by December 31, 2017 and (ii) the right of Coke Consolidated to terminate (subject to certain conditions) if any matters disclosed by amendments or supplements to the disclosure schedules delivered by CCR would (absent such amendments or supplements) cause the applicable closing condition related to the bring-down of the representations and warranties by CCR in the April 2017 Manufacturing APA to no longer be met.
Consummation of the transaction contemplated by the April 2017 Manufacturing APA is subject to a number of conditions precedent and future events occurring, including: (i) the absence of any law or governmental order precluding the consummation of the transaction contemplated by the April 2017 Manufacturing APA and the absence of any governmental proceeding seeking such an order, (ii) the receipt of any required governmental consents, (iii) the expiration or termination of any waiting period applicable to the consummation of the transaction contemplated by the April 2017 Manufacturing APA under the Hart-Scott-Rodino Act, if applicable to the transaction, (iv) the receipt and delivery by CCR of certain third party consents, (v) agreement upon matters related to the financial methodology underlying certain financial information about the Manufacturing Business, (vi) agreement upon matters related to the age and condition of certain fleet assets to be transferred at closing, (vii) the Coke Consolidated’s prior or simultaneous acquisition of the exclusive rights to market, promote, distribute and sell Covered Beverages and Related Products in the principal portions of the Territory that are served by the Twinsburg Facility, (viii) the execution of an amendment to Coke Consolidated’s final regional manufacturing agreement with respect to the Manufacturing Business conducted at the Twinsburg Facility, (ix) no material adverse effect shall have occurred with respect to the Manufacturing Business, (x) the continued accuracy of the representations and warranties given by CCR and Coke Consolidated (subject to certain qualifications), and (xi) the execution of certain agreements or other documents with respect to the Manufacturing Business regarding (A) employee matters and (B) transition services to be provided by CCR to Coke Consolidated (if necessary). There can be no assurances that these future events will occur or that these conditions will be satisfied, or if not satisfied, waived at the closing.
The foregoing description of the April 2017 Distribution APA and the April 2017 Manufacturing APA are only a summary and are qualified in their entirety by reference to the full text of such agreement and all exhibits thereto, which are filed as Exhibit 99.2 and Exhibit 99.3 to this Amendment No. 45 to the Schedule 13D and incorporated herein by reference.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended and restated as follows:
As of the date of this report, each Reporting Person may be deemed to have beneficial ownership (within the meaning of Rule 13d-3 under the Act) and shared power to vote or direct the vote of the amounts of Common Stock, par value $1.00, of Coke Consolidated (the “Common Stock”) listed below and may be deemed to constitute a “group” under Section 13(d) of the Act.
8 |
Number of shares of Common Stock as to which The Coca-Cola Company has:
(i) | sole power to vote or direct the vote: 0 |
(ii) | shared power to vote or to direct the vote: 2,482,165 |
(iii) | the sole power to dispose of or to direct the disposition of: 0 |
(iv) | shared power to dispose of or to direct the disposition of: 2,482,165 |
Number of shares of Common Stock as to which The Coca-Cola Trading Company LLC has:
(i) | sole power to vote or direct the vote: 0 |
(ii) | shared power to vote or to direct the vote: 2,482,165 |
(iii) | sole power to dispose of or to direct the disposition of: 0 |
(iv) | shared power to dispose of or to direct the disposition of: 2,482,165 |
Number of shares of Common Stock as to which Coca-Cola Oasis LLC has:
(i) | sole power to vote or direct the vote: 0 |
(ii) | shared power to vote or to direct the vote: 2,482,165 |
(iii) | sole power to dispose of or to direct the disposition of: 0 |
(iv) | shared power to dispose of or to direct the disposition of: 2,482,165 |
Number of shares as to which Carolina Coca-Cola Bottling Investments, Inc. has:
(i) | sole power to vote or direct the vote: 0 |
(ii) | shared power to vote or to direct the vote: 2,482,165 |
(iii) | sole power to dispose of or to direct the disposition of: 0 |
(iv) | shared power to dispose of or to direct the disposition of: 2,482,165 |
The Reporting Persons beneficially own 34.76% of the outstanding shares of Common Stock based upon 7,141,447 shares of Common Stock outstanding on March 13, 2017.
Item 7. | Material to be Filed as Exhibits |
Exhibit | Name | Incorporated
By Reference To | ||
Exhibit 99.1 | Directors, Officers and Managers of the Reporting Persons | Filed herewith | ||
Exhibit 99.2 | Distribution Asset Purchase Agreement, dated April 13, 2017, by and between Coca-Cola Refreshments USA, Inc. and Coca-Cola Bottling Co. Consolidated. |
Exhibit 2.1 of Coca-Cola Bottling Co. Consolidated’s Current Report on Form 8-K filed on April 17, 2017 | ||
Exhibit 99.3 |
Manufacturing Asset Purchase Agreement, dated April 13, 2017, by and between Coca-Cola Refreshments USA, Inc. and Coca-Cola Bottling Co. Consolidated |
Exhibit 2.2 of Coca-Cola Bottling Co. Consolidated’s Current Report on Form 8-K filed on April 17, 2017 |
9 |
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
THE COCA-COLA COMPANY | ||
By: | /s/ Bernhard Goepelt | |
Name: | Bernhard Goepelt | |
Date: April 17, 2017 | Title: | Senior Vice President and General Counsel |
THE COCA-COLA TRADING COMPANY LLC | ||
By: | /s/ Christopher P. Nolan | |
Name: | Christopher P. Nolan | |
Date: April 17, 2017 | Title: | Vice President and Treasurer |
COCA-COLA OASIS LLC | ||
By: | /s/ Christopher P. Nolan | |
Name: | Christopher P. Nolan | |
Date: April 17, 2017 | Title: | Vice President, Chief Executive Officer and Treasurer |
CAROLINA COCA-COLA BOTTLING INVESTMENTS, INC. | ||
By: | /s/ Christopher P. Nolan | |
Name: | Christopher P. Nolan | |
Date: April 17, 2017 | Title: | Vice President and Treasurer |
Exhibit Index
Exhibit | Name | Incorporated By Reference To | ||
Exhibit 99.1 | Directors, Officers and Managers of the Reporting Persons | Filed herewith | ||
Exhibit 99.2 | Distribution Asset Purchase Agreement, dated April 13, 2017, by and between Coca-Cola Refreshments USA, Inc. and Coca-Cola Bottling Co. Consolidated. |
Exhibit 2.1 of Coca-Cola Bottling Co. Consolidated’s Current Report on Form 8-K filed on April 17, 2017 | ||
Exhibit 99.3 | Manufacturing Asset Purchase Agreement, dated April 13, 2017, by and between Coca-Cola Refreshments USA, Inc. and Coca-Cola Bottling Co. Consolidated |
Exhibit 2.2 of Coca-Cola Bottling Co. Consolidated’s Current Report on Form 8-K filed on April 17, 2017 |
EXHIBIT 99.1
DIRECTORS AND EXECUTIVE OFFICERS OF THE COCA-COLA COMPANY
Set forth below is the name, business address and present occupation or employment of each director and executive officer of The Coca-Cola Company. Except as indicated below, each such person is a citizen of the United States. None of the directors or executive officers named below beneficially owns any Common Stock or Class B Common Stock of Coca-Cola Bottling Co. Consolidated. Directors of The Coca-Cola Company who are also executive officers of The Coca-Cola Company are indicated by an asterisk. Except as indicated below, the business address of each executive officer of The Coca-Cola Company is One Coca-Cola Plaza, Atlanta, Georgia 30313.
DIRECTORS OF THE COCA-COLA COMPANY
NAME |
PRINCIPAL
OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Muhtar Kent* | Chairman of the Board of Directors and Chief Executive Officer of The Coca-Cola Company | |||
Herbert A. Allen | President, Chief Executive Officer and a Director of Allen & Company Incorporated, a privately held investment firm | Allen
& Company Incorporated 711 Fifth Avenue New York, NY 10022 | ||
Ronald W. Allen | Former Chairman of the Board, President and Chief Executive Officer of Aaron’s, Inc., a leading specialty retailer of consumer electronics, computers, residential furniture, household appliances and accessories | The
Coca-Cola Company c/o The Corporate Secretary’s Office One Coca-Cola Plaza Atlanta, GA 30313 | ||
Marc Bolland | Chief Executive Officer and a Director of Marks & Spencer Group p.l.c., an international multi-channel retailer. Mr. Bolland is a citizen of The Netherlands. |
Marks & Spencer Group plc Waterside House 35 North Wharf Road London W2 1NW |
Page 1 of 10 |
NAME | PRINCIPAL
OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Ana Botín | Executive Chairman and a Director of Banco Santander, S.A., a global multinational bank, and a Director of Santander UK plc, a leading financial services provider in the United Kingdom, and a subsidiary of Banco Santander, S.A. | Santander UK plc 2 Triton Square Regent’s Place London NW1 3AN United Kingdom | ||
Ms. Botín is a citizen of Spain. | ||||
Howard G. Buffett | President of Buffett Farms, a commercial farming operation, and Chairman and Chief Executive Officer of the Howard G. Buffett Foundation, a private foundation supporting humanitarian initiatives focused on food and water security, conservation and conflict management | Howard G. Buffett Foundation 145 North Merchant Street Decatur, IL 62523 | ||
Richard M. Daley | Executive Chairman of Tur Partners LLC, an investment and advisory firm focused on sustainable solutions within the urban environment | Tur Partners LLC 900 N. Michigan Avenue Suite 1720 Chicago, IL 60611 | ||
Barry Diller | Chairman of the Board and Senior Executive
of IAC/InterActiveCorp, a leading media and internet company |
IAC/InterActiveCorp 555 West 18th Street New York, New York 10011 | ||
Helene D. Gayle | Chief Executive Officer of McKinsey Social Initiative, a nonprofit organization that implements programs that bring together stakeholders to address complex global and social challenges | McKinsey Social Initiative 1200 19th Street NW Washington, DC 20036 | ||
Alexis M. Herman | Chair and Chief Executive Officer of New Ventures, LLC, a corporate consulting company | New Ventures, Inc. 633 Pennsylvania Avenue NW 3rd Floor Washington, D.C. 20004 | ||
Robert A. Kotick | President, Chief Executive Officer and a Director of Activision Blizzard, Inc. an interactive entertainment software company | Activision Blizzard, Inc. 3100 Ocean Park Boulevard Santa Monica, CA 90405 |
Page 2 of 10 |
NAME |
PRINCIPAL OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Maria Elena Lagomasino | Chief Executive Officer and Managing Partner of WE Family Offices, a multi-family office serving global high net worth families |
WE Family Offices Rockefeller Center 1270 Avenue of the Americas | ||
Sam Nunn | Co-Chairman and Chief Executive Officer of the Nuclear Threat Initiative, a nonprofit organization working to reduce the global threats from nuclear, biological and chemical weapons |
King & Spalding LLP | ||
David B. Weinberg | Chairman of the Board and Chief Executive Officer of Judd Enterprises, Inc., a private investment-management office with diverse interests in a variety of asset classes |
Judd Enterprises, Inc. 401 N. Michigan Ave #3050 Chicago, IL 60611 |
EXECUTIVE OFFICERS OF THE COCA-COLA COMPANY
NAME |
PRINCIPAL
OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Muhtar Kent | Chairman of the Board of Directors and President of The Coca-Cola Company | |||
Marcos de Quinto | Executive Vice President and Chief Marketing Officer of The Coca-Cola Company Mr. De Quinto is a citizen of Spain. |
|||
J. Alexander M. Douglas, Jr. | Executive Vice President of The Coca-Cola Company and President of Coca-Cola North America | |||
Ceree Eberly | Senior Vice President and Chief People Officer of The Coca-Cola Company | |||
Irial Finan | Executive Vice President of The Coca-Cola Company and President, Bottling Investments and Supply Chain Mr. Finan is a citizen of Ireland. |
|||
Bernhard Goepelt | Senior Vice President, General Counsel and Chief Legal Officer of The Coca-Cola Company Mr. Goepelt is a citizen of Germany. |
Page 3 of 10 |
NAME |
PRINCIPAL
OCCUPATION |
ADDRESS | ||
Julie Hamilton | Senior Vice President and Chief Customer and Commercial Leadership Officer of The Coca-Cola Company | |||
Brent Hastie | Senior Vice President, Strategy and Planning of The Coca-Cola Company | |||
Ed Hays, PhD | Senior Vice President and Chief Technical Officer of The Coca-Cola Company | |||
John Murphy | President of the Asia Pacific Group of The Coca-Cola Company
Mr. Murphy is a citizen of Ireland. |
|||
James Quincey | President and Chief Operating Officer of The Coca-Cola Company
Mr. Quincey is a citizen of the United Kingdom. |
|||
Alfredo Rivera | President of the Latin America Group of The Coca-Cola Company
Mr. Rivera is a citizen of Honduras. |
|||
Barry Simpson | Senior Vice President and Chief Information Officer
Mr. Simpson is a citizen of Australia. |
|||
Brian Smith | President of the Europe, Middle East and Africa Group of The Coca-Cola Company | |||
Clyde C. Tuggle | Senior Vice President and Chief Public Affairs and Communications Officer of The Coca-Cola Company | |||
Kathy N. Waller | Executive Vice President and Chief Financial Officer of The Coca-Cola Company |
Page 4 of 10 |
MANAGERS
AND EXECUTIVE OFFICERS
OF
THE COCA-COLA TRADING COMPANY LLC
Set forth below is the name, business address and present occupation or employment of each manager and executive officer of The Coca-Cola Trading Company LLC. Except as indicated below, each such person is a citizen of the United States. None of the managers and executive officers named below beneficially owns any Common Stock or Class B Common Stock of Coca-Cola Bottling Co. Consolidated. Managers of The Coca-Cola Trading Company LLC who are also executive officers of The Coca-Cola Trading Company LLC are indicated by an asterisk. Except as indicated below, the business address of each manager and executive officer of The Coca-Cola Trading Company LLC is One Coca-Cola Plaza, Atlanta, Georgia 30313.
MANAGERS OF THE COCA-COLA TRADING COMPANY LLC
NAME |
PRINCIPAL
OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Marie D. Quintero-Johnson | Vice President and Director of Mergers & Acquisitions of The Coca-Cola Company | |||
Robert J. Jordan, Jr.* | Vice President and General Tax Counsel of The Coca-Cola Company | |||
Larry M. Mark* | Vice President and Controller of The Coca-Cola Company |
EXECUTIVE OFFICERS OF THE COCA-COLA TRADING COMPANY LLC
NAME |
PRINCIPAL
OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Ed Hays, PhD | Senior Vice President and Chief Technical Officer of The Coca-Cola Company; President of The Coca-Cola Trading Company LLC | |||
Bernhard Goepelt |
Senior Vice President, General Counsel and Chief Legal Officer of The Coca-Cola Company; Vice President and General Counsel of The Coca-Cola Trading Company LLC Mr. Goepelt is a citizen of Germany. |
|||
Robert J. Jordan, Jr. | Vice President and General Tax Counsel of The Coca-Cola Company; Vice President and General Tax Counsel of The Coca-Cola Trading Company LLC | |||
Stephen A. Kremer |
Deputy General Tax Counsel of The Coca-Cola Company; Vice President of The Coca-Cola Trading Company LLC |
Page 5 of 10 |
NAME |
PRINCIPAL
OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Larry M. Mark | Vice President and Controller of The Coca-Cola Company; Vice President and Controller of The Coca-Cola Trading Company | |||
Christopher P. Nolan | Vice President and Treasurer of The Coca-Cola Company; Vice President and Treasurer of The Coca-Cola Trading Company LLC | |||
Kathy N. Waller
|
Executive Vice President and Chief Financial Officer of The Coca-Cola Company; Vice President and Chief Financial Officer of The Coca-Cola Trading Company LLC | |||
David W. Stowe | Director Commodity Risk of The Coca-Cola Company; Vice President of The Coca-Cola Trading Company LLC |
Page 6 of 10 |
MANAGERS AND EXECUTIVE OFFICERS OF COCA-COLA OASIS LLC
Set forth below is the name, business address, present occupation or employment of each manager and executive officer of Coca-Cola Oasis LLC. Except as indicated below, each such person is a citizen of the United States. None of the managers and executive officers named below beneficially owns any Common Stock or Class B Common Stock of Coca-Cola Bottling Co. Consolidated. Managers of Coca-Cola Oasis LLC who are also executive officers of Coca-Cola Oasis LLC are indicated by an asterisk. Except as indicated below, the business address of each manager and executive officer of Coca-Cola Oasis LLC is One Coca-Cola Plaza, Atlanta, Georgia 30313.
MANAGERS OF COCA-COLA OASIS LLC
NAME | PRINCIPAL
OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Marie D. Quintero- | Vice President and Director of Mergers & | |||
Johnson | Acquisitions of The Coca-Cola Company | |||
Robert J. Jordan, Jr.* | Vice President and General Tax Counsel of The Coca-Cola Company | |||
Larry M. Mark* | Vice President and Controller of The Coca-Cola Company |
EXECUTIVE OFFICERS OF COCA-COLA OASIS LLC
NAME |
PRINCIPAL
OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Bernhard Goepelt
|
Senior Vice
President, General Counsel and Chief Legal Officer of The Coca-Cola Company; Vice President and General Counsel of Coca-Cola
Oasis LLC Mr. Goepelt is a citizen of Germany. |
|||
Russell Jacobs | General Manager, Retail and Attractions of The Coca-Cola Company; Vice President of Coca-Cola Oasis LLC | |||
Robert J. Jordan, Jr. | Vice President and General Tax Counsel of The Coca-Cola Company; Vice President and General Tax Counsel of Coca-Cola Oasis LLC | |||
Stephen A. Kremer | Deputy General Tax Counsel of The Coca-Cola Company; Vice President of Coca-Cola Oasis LLC | |||
Larry M. Mark | Vice President and Controller of The Coca-Cola Company; Vice President and Controller of Coca-Cola Oasis LLC |
Page 7 of 10 |
NAME | PRINCIPAL
OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Christopher P. Nolan | Vice President and Treasurer of The Coca-Cola Company; President, Chief Executive Officer, and Treasurer of Coca-Cola Oasis LLC | |||
Kathy N. Waller | Executive Vice President and Chief Financial Officer of The Coca-Cola Company; Vice President and Chief Financial Officer of Coca-Cola Oasis LLC |
Page 8 of 10 |
DIRECTORS
AND EXECUTIVE OFFICERS OF CAROLINA COCA-COLA
BOTTLING INVESTMENTS, INC.
Set forth below is the name, business address, present occupation or employment of each director and executive officer of Carolina Coca-Cola Bottling Investments, Inc. Except as indicated below, each such person is a citizen of the United States. None of the directors and executive officers named below beneficially owns any Common Stock or Class B Common Stock of Coca-Cola Bottling Co. Consolidated. Directors of Carolina Coca-Cola Bottling Investments, Inc. who are also executive officers of Carolina Coca-Cola Bottling Investments, Inc. are indicated by an asterisk. Except as indicated below, the business address of each director and executive officer of Carolina Coca-Cola Bottling Investments, Inc. is One Coca-Cola Plaza, Atlanta, Georgia 30313.
DIRECTORS OF CAROLINA COCA-COLA BOTTLING INVESTMENTS, INC.
NAME |
PRINCIPAL
OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Marie D. Quintero-Johnson | Vice President and Director of Mergers & Acquisitions of The Coca-Cola Company |
|||
Robert J. Jordan, Jr.* | Vice President and General Tax Counsel of The Coca-Cola Company |
|||
Larry M. Mark* | Vice President, Finance and Controller of The Coca-Cola Company |
EXECUTIVE OFFICERS OF CAROLINA COCA-COLA BOTTLING INVESTMENTS, INC.
NAME |
PRINCIPAL
OCCUPATION OR EMPLOYMENT |
ADDRESS | ||
Bernhard Goepelt | Senior Vice President, General Counsel and Chief Legal Officer of The Coca-Cola Company; Vice President and General Counsel of Carolina Coca-Cola Bottling Investments, Inc.
Mr. Goepelt is a citizen of Germany. |
|||
Robert J. Jordan, Jr. | Vice President and General Tax Counsel of The Coca-Cola Company; Vice President and General Tax Counsel of Carolina Coca-Cola Bottling Investments, Inc. | |||
Stephen A. Kremer | Deputy General Tax Counsel of The Coca-Cola Company; Vice President of Carolina Coca-Cola Bottling Investments, Inc. |
Page 9 of 10 |
NAME |
PRINCIPAL
OCCUPATION |
ADDRESS | ||
Larry M. Mark | Vice President and Controller of The Coca-Cola Company; Vice President and Chief Financial Officer of Carolina Coca-Cola Bottling Investments, Inc. | |||
Christopher P. Nolan | Vice President and Treasurer of The Coca-Cola Company; Vice President, Treasurer and Assistant Secretary of Carolina Coca-Cola Bottling Investments, Inc. | |||
Kathy N. Waller | Executive Vice President and Chief Financial Officer of The Coca-Cola Company; President and Chief Executive Officer of Carolina Coca-Cola Bottling Investments, Inc. |
Page 10 of 10 |