New Delhi, Dec. 11 -- Coca-Cola joined the list of package goods companies that saw a leadership shakeup as the soft drinks maker named insider Henrique Braun as its new CEO on Wednesday.

Henrique Braun will replace James Quincey in the role as Coke and its rivals find ways to cope with muted consumer demand for soft drinks.

The change in leadership at Coca-Cola comes as packaged food companies try to adjust their strategies to consumers looking for healthier and more affordable drinks and snacks.

(This is a developing story. Check back for updates)

Published by HT Digital Content Services with permission from MINT....