COKE Coca-Cola Consolidated Inc.

Coca-Cola Consolidated CFO Scott Anthony to Retire, Company Names Matt Blickley as New CFO

Coca-Cola Consolidated CFO Scott Anthony to Retire, Company Names Matt Blickley as New CFO

CHARLOTTE, N.C., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Coca‑Cola Consolidated, Inc. (NASDAQ: COKE) announced today that Executive Vice President and Chief Financial Officer (CFO), Scott Anthony, will retire effective March 31, 2025. Mr. Anthony has served as the Company’s CFO since 2018.

The Company also announced that Matthew J. Blickley will assume the role of Executive Vice President and Chief Financial Officer, effective April 1, 2025. Mr. Blickey joined Coca‑Cola Consolidated in 2014 and currently serves as Senior Vice President, Financial Planning and Chief Accounting Officer. He will continue to serve as the Company’s Chief Accounting Officer following this change. During his tenure with the Company, Mr. Blickley has served in a variety of financial roles of increasing responsibility, including Corporate Controller. He is a certified public accountant and began his career with PricewaterhouseCoopers LLP. Mr. Blickley will serve on the Company’s executive leadership team and will report to Dave Katz, President and Chief Operating Officer.

“We are grateful for Scott’s significant contributions over the past six years,” said J. Frank Harrison, III, Chairman and Chief Executive Officer. “Scott’s deep experience within the Coca-Cola system and strategic leadership were instrumental in our ability to deliver the exceptional financial performance and strong stockholder returns we’ve achieved since 2019.   His work in developing talent, evolving our financial systems and his partnership with our business leaders has been invaluable.   I want to thank Scott for his commitment to the succession planning process, and we appreciate Scott staying engaged with the Company in a consultancy role following his retirement.”

“I am very pleased to have Matt Blickley succeed Scott as CFO, reflecting our depth of talent and careful succession planning,” said Dave Katz, President and Chief Operating Officer. “I’ve worked closely with Matt over the past decade, and I am confident he is the right leader to take on this important role and continue to deliver on our Purpose, culture and financial success.”

CONTACTS: 
Brian K. Little (Media)Scott Anthony (Investors)
Vice President, Corporate Communications OfficerExecutive Vice President & Chief Financial Officer
(980) 378-5537(704) 557-4633
  

About Coca-Cola Consolidated, Inc.

Headquartered in Charlotte, N.C., Coca‑Cola Consolidated (NASDAQ: COKE) is the largest Coca‑Cola bottler in the United States. We make, sell and distribute beverages of The Coca‑Cola Company and other partner companies in more than 300 brands and flavors across 14 states and the District of Columbia, to approximately 60 million consumers. For over 122 years, we have been deeply committed to the consumers, customers and communities we serve and passionate about the broad portfolio of beverages and services we offer. Our Purpose is to honor God in all we do, to serve others, to pursue excellence and to grow profitably.

More information about the Company is available at Follow Coca‑Cola Consolidated on Facebook, X, Instagram and LinkedIn.



EN
10/01/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Coca-Cola Consolidated Inc.

Moody's Ratings says Coca-Cola Consolidated's $2.4 billion buyout of T...

Moody's Ratings (Moody's) said today that Coca-Cola Consolidated, Inc.'s ("COKE", Baa1 stable) $2.4 billion repurchase of The Coca-Cola Company's ("KO"; A1 stable) remaining 22% stake in COKE which closed today is credit negative because it will increase financial leverage. However, there is no impa...

 PRESS RELEASE

Coca-Cola Consolidated Reports Third Quarter and First Nine Months 202...

Coca-Cola Consolidated Reports Third Quarter and First Nine Months 2025 Results Third quarter of 2025 net sales increased 7% versus the third quarter of 2024.Gross profit in the third quarter of 2025 was $749 million, an increase of 7% versus the third quarter of 2024. Gross margin in the third quarter of 2025 increased 10 basis points(a) to 39.6%.Income from operations for the third quarter of 2025 was $247 million, an increase of $20 million, or 9%. Operating margin for the third quarter of 2025 increased 20 basis points to 13.1%. Earnings per share for the third quarter of 2025 increased...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch