Top Coca-Cola leader in its largest market to depart role

Credit: sour

Credit: sour

The move comes a few months after Henrique Braun took over as Coke’s CEO in late March. The company has since shuffled several leaders, including naming a new human resources chief and the company’s first chief digital officer.

North America is Coke’s largest operating unit, with $19.6 billion in net revenues last year, according to an April investor presentation.

“North America is one of the company’s most visible, important and profitable units, which means it’s at the top of the list for leadership review in times of transition,” said Duane Stanford, publisher and editor of trade publication Beverage Digest, noting he doesn’t know the circumstances of the move.

Mann has spent 29 years with Coca-Cola, leading the North America operating unit since January 2023. Coca-Cola said that unit “delivered strong revenue and profit growth” under her leadership. She was also the first woman to hold the role.

“Her people-first legacy remains in the many high-performing teams she’s led across the Coca‑Cola business,” Braun said in the announcement.

Among her prior roles, Mann served as president of Global Ventures, including Costa Coffee and Coca-Cola’s investment in Monster Beverage Corp.

She also spent time as chief people officer, as well as chief of staff for James Quincey, Braun’s predecessor as CEO and the company’s executive chairman.

According to a separation letter, Mann will be eligible for two years of base salary under the company’s severance plan, paid in a lump sum after her separation date. She also will be eligible for an annual incentive award for 2026, contingent on her and the company’s performance, the letter states.

Mann‘s total compensation was about $8 million in 2025, including her base salary, stock awards and options, incentives and other compensation, according to Coca-Cola’s annual proxy statement.