logo
  Join        Login             Stock Quote

Green Mountain Coffee Roasters (GMCR) Names Coca-Cola (KO) Executive As New CEO

 November 20, 2012 07:17 AM
 


(By Balachander) Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) said it has appointed Brian Kelley as its Chief Executive Officer, effective December 3, 2012.

The Waterbury, Vermont-based Keurig Single Cup brewing technology company said Kelley will succeed its current President and CEO, Lawrence Blanford, who in February 2012 announced his intent to retire. 

Brian Kelley joined Coca-Cola (NYSE: KO) in 2007 as President and General Manager, Still Beverages and Supply Chain North America. Kelley was named President of Coca-Cola Refreshments in September 2012, to be effective January 1, 2013.

[Related -Coca-Cola Company (KO) Dividend Stock Analysis]

"The appointment of Kelley, a proven consumer products executive, signals GMCR's intent to build upon its well-established expertise in single-serve beverages and to leverage its leading consumer brands, Keurig and Green Mountain Coffee," the company said.

GMCR shares ended Monday's regular trading session at $27.33. The stock has been trading in the 52-week range between $17.11 and $71.15.

iOnTheMarket Premium
Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageFour Stocks in the Dow Making Fresh 52 Week Lows

“What gets weak tends to get weaker; what gets strong tends to get read on...

article imageGreece And The Cemetery For Your Wealth

The Greek default is merely the opening act of the worst sovereign-debt crisis in history. By the time it read on...

article imageAll Signs Point To Higher Gold Prices

In the face of historic monetary stimulus from nearly every major central bank in the world over the past read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.