COCA-COLA BOTTLING CO. CONSOLIDATED (NASDAQ:COKE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On August23, 2017, the Board of Directors of Coca-Cola Bottling Co. Consolidated (the “Company”) elected Richard T. Williams to the Company’s Board of Directors (the “Board”), effective that day, with a term expiring at the Company’s 2018 annual meeting of stockholders. Mr.Williams is the former Vice President of Corporate Community Affairs of Duke Energy Corporation, where he served for over 37 years. He currently serves on the board of directors of HomeTrust Bancshares, Inc., as well as the boards of directors of numerous non-profit organizations.
Mr.Williams will receive compensation for his Board and committee service in accordance with the Company’s standard compensation arrangement for non-employee directors, which is described under the caption “Director Compensation” in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on March20, 2017, as adjusted by the Board from time to time.
There are no arrangements or understandings between Mr.Williams and any other persons to which he was selected as a director. Additionally, there are no transactions involving the Company and Mr.Williams that the Company would be required to report to Item404(a) of Regulation S-K. Mr.Williams has never served as one of the Company’s officers or employees.
A copy of the news release announcing Mr.Williams’ election is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 5.02. | Financial Statements and Exhibits. |
|
ExhibitNo. |
Description |
Incorporated By Reference To |
| 99.1 | News Release, dated August 24, 2017. | Filed herewith. |
COCA COLA BOTTLING CO CONSOLIDATED /DE/ ExhibitEX-99.1 2 d436500dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Coca-Cola Bottling Co. Consolidated,…To view the full exhibit click here
About COCA-COLA BOTTLING CO. CONSOLIDATED (NASDAQ:COKE)
Coca-Cola Bottling Co. Consolidated produces, markets and distributes nonalcoholic beverages, primarily products of The Coca-Cola Company, which include beverage brands. The Company is an independent Coca-Cola bottler in the United States. The Company’s segments are Nonalcoholic Beverages and All Other. The Company holds various agreements, under which it produces, distributes and markets sparkling beverages of The Coca-Cola Company, as well as still beverages of The Coca-Cola Company, such as POWERade, vitaminwater, Minute Maid Juices To Go and Dasani water products, and various other products, including Dr Pepper, Sundrop and Monster Energy products. Its operational footprint includes markets located in North Carolina, South Carolina, South Alabama, South Georgia, Central Tennessee, Western Virginia and West Virginia. It develops, markets and distributes certain products, which it owns, such as Tum-E Yummies, a vitamin-C enhanced flavored drink, and Fuel in a Bottle power shots.