Coca-Cola appoints internal executive Henrik Braun to succeed James Quincey as the new CEO.

Coca-Cola appointed internal candidate Henry Braun as the new CEO on Wednesday, replacing James Quincey. Quincey and Braun both joined Coca-Cola in 1996 and have held leadership positions around the world. The 57-year-old Braun will take over as CEO of the beverage giant starting March 31st.