Top Execs Lose Their Taste for Coke

As CEO Daft gets set to go, eight appointees have already split. With the board looking outside for a new chief, more may follow

For Coca-Cola (KO ), the management turmoil just doesn't end. On Apr. 11, the Atlanta-based soft-drink giant announced that General Counsel Deval Patrick has resigned -- making Patrick the 8th of the top 13 executives Coke CEO Douglas N. Daft appointed in his four years at the helm to opt for the exit. For an outfit like Coke, which has long prided itself on its deep bench and orderly succession, such an exodus is unprecedented.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.