NEW YORK & MEXICO CITY--(BUSINESS WIRE)--
International Dispensing Corporation (IDC) (ticker:IDND) is proud to announce that Marcelino Martinez has joined its Board of Directors. Based in Mexico City, Mr. Martinez spent a successful 32-year career at The Coca-Cola Company, most recently as Corporate Supply Chain and Productivity Director.
The Coca-Cola Company appointed Mr. Martinez to represent its interests on several Boards of Directors. He participated in over 25 acquisitions with a total value of over $1.5 billion, and in the multiple roles in his career delivered extensive productivity gains and increased bottom line results. His Coca-Cola career, which has included local, regional, and global responsibilities, began in Spain but quickly transitioned to Latin America, Coca-Cola’s largest global region. His vast areas of expertise include End-to-End Productivity Solutions, Innovation, M&A, and Sustainability Practices.
Serving now as an Independent Consultant in the food & beverage and packaging industries, Mr. Martinez became very familiar with IDC’s The Answer® tap while at Coca-Cola and is a firm believer in the technology’s global range and importance.
“I am excited about the possibilities of The Answer® and what it can do for aseptic foodservice, as well as its transformational humanitarian potential in certain markets” said Mr. Martinez. “The promise in Latin America alone is enormous, but The Answer®’s potential is worldwide. This game-changing innovation has paid its dues and is on the verge of breakout success. IDC has assembled a strong, talented, diverse team, as well as The Alliance for Aseptic Foodservice, all of which are in the process of making this grand vision a reality. I am proud to be joining the effort at this most opportune moment.”
Mr. Martinez joins Greg Abbott, Bo Thörn, Pepe Martinez, and Li Xin on IDC’s Board of Directors. Each IDC director plays an active daily role in the company.
“Marcelino brings a fresh complementary dimension to our Board,” said IDC Chairman Greg Abbott. “He is highly respected throughout both the Coca-Cola system and the global food & beverage industries. We believe he will mesh beautifully with our team and leverage his knowledge and stature to the significant benefit of IDC.”
ABOUT IDC
Based in New York City, IDC (IDND; ) is a packaging research and development company that creates and manufactures disruptive, impactful innovations for the beverage and liquid food industries. The company is best known for its international award-winning The Answer®, the world’s only aseptic tap which prevents micro-organisms from compromising product safety even through prolonged unrefrigerated use. The Answer® is used for both low and high-acid beverages, including dairy, dairy-based coffee, juice, tea, soy, and coconut water in large-format foodservice applications and is currently being deployed in the USA, China, Germany, Pakistan, and Mexico. The company’s BID™ (Bag-in-Dispenser™) system is believed to be the industry’s most economical and environmental means of delivering UHT beverages.
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