Coca-Cola Names New North America Leader Ahead of Q3 Earnings

The Coca-Cola Company announced that Rob Gehring will become president of its North America operating unit on December 1, 2026, replacing John Murphy. This change comes ahead of the company's Q3 results, which are expected to be released on October 20, 2026. The appointment marks a return for Gehring, who previously served as CEO of the Americas at Monster Energy and has prior experience with The Coca-Cola Company.

Gehring will succeed John Murphy, who has been leading the unit on an interim basis since August 1, 2026. This change in leadership comes after Q2 results showed the company posting EPS of $0.97 against a consensus estimate of $0.93, with revenue reaching $13.37 billion and increasing 6.2 percent year over year.

The company's fiscal 2026 EPS guidance stands at $3.27-3.30, giving the next report a clear benchmark. MarketBeat reported that eighteen brokerages carried a Moderate Buy consensus and an average 12-month price target of $95.76, which is 9.05 percent above the current price.