Company Name: The Coca-Cola Company
Ticker Symbol: KO
Founder (Person who starts the company): Asa Griggs Candler
CEO (Person who runs the company): Muhtar Kent
Coca-Cola was founded in 1886 by Asa Griggs Candler. He bought the formula for $550 from John Pemberton. Coca-Cola is one of the companies on the S&P 500 and is traded on the New York Stock Exchange. The company makes over $44 billion a year, which is great for anyone who is considering investing in Coca-Cola. Muhtar Kent was first employed at the company over 30 years ago, but spent six years from 1999 to 2005 as the CEO of a different beverage company. Kent has a Bachelor of Science degree in Economics from the University of Hull in England and a Master of Science degree in Administrative Sciences from Cass Business School, City University London. The 129 000 people employed with Coca-Cola prove that the company is huge. Although Coca-Cola is successful today, it has had some struggles in the past. What the company thought was going to be a great product, New Coke, turned out to be a failure. The Coca-Cola Breakmate didn’t sell as well as originally planned either and the company stopped selling it more than 7 years ago.
All of the information above would be a great start to understanding if you want to invest in Coca-Cola, although having more financial information on the company would be important if you were truly considering investing in Coca-Cola. This is an important example of the some of the things you should know before investing in any company.
That’s all for now, Ben