The Coca-Cola Co. Board of Directors recently elected Saadia Madsbjerg as a corporate VP. The company previously announced Madsbjerg as VP of global community affairs for The Coca-Cola Co. and president of The Coca-Cola Foundation. The board also declared a dividend of 42 cents per common share.
The dividend is payable Oct. 1 to shareowners of record of the company as of the close of business on Sept. 15.
Madsbjerg joined the company June 1. She manages operations of the foundation, which includes grant making, financial requirements and regulatory compliance for domestic and international philanthropy.
Madsbjerg is a former managing director of The Rockefeller Foundation, where she led efforts to seed-fund the development and launch of new financial instruments and partnerships designed to channel money from capital markets toward sustainable development.
Before joining The Rockefeller Foundation, Madsbjerg was SVP for strategic planning at the New York City Economic Development Corp. She led a portfolio of projects focused on transformative opportunities for creating a more equitable and resilient economy.
Madsbjerg also previously worked in the technology sector at Cisco Systems, advising Fortune 500 companies and public sector institutions on how innovative technology could help create new business models and address critical challenges, such as social and economic challenges caused by an aging society.
Prior to Cisco, Madsbjerg was an associate principal at McKinsey & Co., where she advised multinational companies on corporate strategy.
Madsbjerg is the coauthor of “Making Money Moral.” She earned bachelor’s and master’s degrees from Copenhagen Business School.
She reports to Bea Perez, SVP and chief communications, sustainability and strategic partnerships officer.
The Coca-Cola Co., based in Atlanta, Georgia, is a total beverage company with products sold in more than 200 countries and territories.
