“John was instrumental in guiding Coca-Cola Femsa through a profound operational and digital transformation that positioned the company to create long-term, sustainable value and expanded the company’s geographic reach to include more territories,” he said. the company in a statement.
Ian Craig has a 28-year history in Monterrey. He has been General Director of Coca-Cola FEMSA Brazil since 2016, achieving remarkable results in every stage and aspect of the business.
In the second quarter of this year, the bottler registered an increase in its sales of 16% to reach a value of 57,311 million pesos; a rise of 2.4% to 10,607 in its operating flow (Ebitda) and a consolidated net profit of 4,576 million pesos, which represents an increase of 25%.
Other changes in Femsa
Femsa will also make changes in other of its business arms. Starting in January of next year, Alfonso Garza Garza will step down from his position as CEO of Femsa Strategic Businesses and Constantino Spas Montesinos, current Finance Director of Coca-Cola Femsa, will assume this position.
“Constantino’s role at Coca-Cola Femsa has been essential for the advancement and strategic direction of the company. His appointment reflects Femsa’s vision and conviction of the great opportunities that are enabled by the cross-fertilization of talent between its business units,” the company said.
Alfonso has a 37-year history in various business units of the company, serving as General Director of our Strategic Business division since 2012.
Constantino joined Coca-Cola Femsa in 2018, where he has held executive positions in Strategic Planning, New Business Development and more recently as Director of Administration and Finance.