s PEP expense in the past couple of years, in the face of a larger consumer trend toward noncarbonated beverages. COO Steve Heyer will run the North American unit through the end of 2004. Dunn's departure solidifies Heyer's position as heir apparent
announced on Friday that Frits van Paasschen will take over as CEO following a six-month search to replace ousted leader Steve Heyer . Van Paasschen was most recently CEO of Coors Brewing Company and has previously run European, African, and Middle Eastern
timeshare units in development. The company also announced that it's actively seeking candidates to replace former CEO Steven Heyer , who was ousted earlier this month. In the interim, we have faith that acting CEO Chairman Bruce Duncan can competently
impression is that the deal is favorable for Starwood, as the company can now completely focus on its branding efforts--CEO Steven Heyer 's forte--which could improve hotel management and franchising opportunities. Those who opposed Heyer's appointment
and franchising hotels rather than taking the risk of owning hotels. The franchising strategy is more in line with new CEO Steven Heyer 's core marketing competency, as he has limited experience with hotel ownership operations. Starwood will most likely
Coke well, we're interested in how his marketing skills might influence Coke's path in the mature North American market. With Isdell's appointment, we anticipate COO Steve Heyer will probably leave the company for greener pastures.
think management disarray could last through the fall. If an outside candidate is hired, it will take some time for the new CEO to get up to speed, especially since we expect president and COO Steven Heyer would leave Coke in this scenario.
replace Daft and will include candidates from outside the company. We believe current president and chief operating officer Steve Heyer could be a strong contender, as he's consistently demonstrated his ability to fix problems, improve performance, and
Burger King to put Frozen Coke on the menu, leaving a bruise on Coke's relationship with this major fountain client. COO Steve Heyer quickly apologized to Burger King CEO Brad Blum, and Coke has proposed paying Burger King approximately $21 million (a
over multiyear fountain-service contracts with big chain restaurants. Burger King CEO Brad Blum wasn't satisfied by COO Steve Heyer 's quick apology, and has demanded Coke provide ideas on how to make it up to the franchisees. It may take quite awhile