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Coca-Cola adds 2 new directors, increasing board size

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ATLANTA — The Coca-Cola Co. on Thursday named two new directors to its board, increasing the size of its board to 17.

The Atlanta-based beverage company said that it has elected Marc Bolland and David Weinberg, effective Feb. 18.

Bolland, 55, is CEO of retailer Marks & Spencer Group PLC. He also has worked in leadership positions at brewer Heineken International NV and supermarket chain Morrisons. Weinberg, 62, is Chairman and CEO of Judd Enterprises, Inc., a private investment firm. He is also president of Digital BandWidth LLC, a private communications technology investment firm.

Coca-Cola said that the board size increase is temporary as its board will continue to evolve.

Shares of the company, whose brands include Diet Coke, Powerade and Minute Maid, rose 20 cents to $41.80 by midday, in line with broader market activity.

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