Coke CEO aims to ease union fears over delivery routes
In an annual shareholder meeting held yesterday at Coca-Cola headquarters, CEO Muhtar Kent, aimed to dispel some union fears that a new acquisition would change delivery routes and cut jobs. The Teamsters fear that the company's acquisition of the North American Coca-Cola Enterprises might lead to an outsourcing of some delivery routes. Kent stressed at the meeting that the new deliveries to 7-Elevens are only a test, and that nothing is decided. He said that even if the deal is approved at the end of this year, the union will 'still have a place in the company.' Union members nevertheless handed out fliers and held placards outside the shareholders' meeting, expressing their concerns. A union spokesperson said they had concerns about fair treatment of employees and about 'the direction the company is going,' and want to make sure they have a voice in the goings-ons.
See "Coke CEO aims to ease union fears over delivery routes", Martinne Geller, Reuters, April 21, 2010