Coke reorganizes; president resigns

Article Abstract:

Jack Stahl has stepped down as president of Coca-Cola as part of a management restructuring aimed at making the soft drink giant a nimble and flatter organization. Four new business units were also created at the company, namely, the Americas, Asia, Europe/Africa and New Business Ventures, whose heads report directly to Coca-Cola CEO Douglas Daft. The new structure left Stahl, without a function, making his position redundant.

Canned & Bottled Soft Drinks, Soft Drink Manufacturing, Soft drinks, Coca-Cola Co. (Atlanta, Georgia)

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Ford: Loss will grow this quarter

Article Abstract:

Ford Motor Co. warns of higher losses in the fourth quarter of 2001. Company officials blame the losses on higher marketing costs, discounted financing deals, and setting aside higher reserves in expectation of increased loan delinquencies.

Sales, profits & dividends, Ford Motor Co., Company Profile, F

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GM hires former Chrysler president

Article Abstract:

General Motors hires former Chrysler president, Robert Lutz as vice chairman in charge of product development.

General Motors Corp., GM, Chrysler Corp.

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