Coca-Cola FEMSA Names John Santa María Otazua CEO

(RTTNews) - Coca-Cola FEMSA S.A.B. de C.V. (KOF), Thursday said it has appointed John Santa María Otazua as Chief Executive Officer, effective January 1, 2014. Santa María is currently Chief Operating Officer of the company's South America Division and succeeds Carlos Salazar Lomelín, who has served as the company's CEO since 2000.

The Board of Directors of Fomento Económico Mexicano S.A.B. de C.V. (FEMSA) appointed Carlos Salazar Lomelín as Chief Executive Officer, replacing José Antonio Fernández Carbajal, who was ratified as FEMSA's Executive Chairman of the Board of Directors.