CEO of Coca-Cola Mad About Soda Ban
Today, in some not surprising news, Coca-Cola's CEO, Muhtar Kent, is speaking out against the proposed soda ban in New York City. Kent, who spoke with Fox Business News, argues that banning large sugary drinks — or anything, for that matter — won't solve the obesity crisis.
Kent spoke to FOX while at the Olympics, where Coca-Cola is a major sponsor. To the critics, who argued that Coca-Cola should not be a major sponsor of the most athletic competition in the world, Kent said his company is actively making healthier options. He said, "Take a country like Britain. Under the trademark of Coca-Cola, now 40 percent of what we consumers choose under trademark Coca-Cola is calorie-free."
Kent has also spoken to the Wall Street Journal and other media outlets to voice his opinions. He said to WSJ on June 18, "It is, I believe, incorrect and unjust to put the blame on any single ingredient, any single product, any single category of food." Other officials from Coca-Cola have also said they believe Mayor Bloomberg is unfairly demonizing the soda industry.