Muhtar Kent

Coca Cola Company Chair Muhtar Kent has been named the “Global Turkish Professional of the Year” at the Businesspeople of the Year Awards, organized by the Turkish business magazine Ekonomist.

Politics in Turkey is entering a highly stressful two years this fall. Since the referendum, President Recep Tayyip Erdoğan seems to be running a one-man show in decision-making and Ankara's bureaucracy seems to be looking to his Beştepe residence for every small paper to be signed. So can this system survive until the necessary laws are passed? Will they even pass anyway?

Turkish President Recep Tayyip Erdo?an has called on U.S. businesses not to hesitate in investing in Turkey. 

"I am inviting you from this platform to invest more in Turkey," Erdo?an said March 30, noting Turkish entrepreneurs' concerns about investing in the U.S. that are related to legislative differences, competitive environment and geographical distance. 

Coca-Cola Co named James Quincey chief operating officer, and said company veteran Ahmet Bozer, who had been seen as a possible successor to Muhtar Kent as CEO, would be leaving.

Quincey, 50, is a 19-year veteran of the company and most recently served as president of Coke's Europe Group. He fills a post vacated by Kent in 2008, effective immediately.