TAMPA, Fla.--(BUSINESS WIRE)--Coca-Cola Beverages Florida, LLC (Coke Florida) is proud to announce it has been selected as a 2023 US Best Managed Company. Sponsored by Deloitte* Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams. This is the second consecutive year that Coke Florida has been named a US Best Managed Company, following 2022, when it became the first and only Coca-Cola bottler to earn the designation, which remains today.
The 2023 designees are U.S. private companies that have demonstrated excellence in strategic planning and execution, fostering a dynamic culture, as well as strong financials. Designees propelled their businesses forward and remained true to their purpose and values by investing in their people, creating advantage through digital transformation, taking measurable action on sustainability, and demonstrating their commitment to diversity, equity, and inclusion.
“We are honored to be once again named a US Best Managed Company - it’s a true reflection of the passion and performance that our associates bring to our customers on a daily basis,” said Troy Taylor, Chairman and Chief Executive Officer of Coke Florida. “In partnership with The Coca-Cola Company, we deliver refreshing experiences to consumers across the Sunshine State daily. We are proud to represent some of the greatest consumer brands in the world, and our achievements are rooted in strong customer service and consistent involvement across the communities where we operate.”
Applicants for the Best Managed Companies program are evaluated and selected by a panel of external judges focused on assessing hallmarks of excellence in four key areas: strategy, ability to execute, corporate culture, and governance/financial performance. They join a global ecosystem of honorees from more than 46 countries recognized by the Best Managed Companies program.
“I sincerely appreciate the Coke Florida team members who contributed to this recognition by consistently delivering results while maintaining a reputation as a leader in company culture and business,” said Jennifer Mann, President of Coca-Cola North America. “I am tremendously proud of this achievement.”
Coke Florida is a privately owned Coca-Cola bottler operating across 47 of the 67 counties in Florida, from Jacksonville down to the Keys. Thomas Benford, Coke Florida’s President and Chief Operating Officer, shared, “With nearly 5,000 associates, this award is recognition of the work we do every day to embody a dynamic company culture while executing the strategies that make us successful. It is exciting to see the work of our Coke Florida team recognized at the global level. Being recognized for a second year validates the ongoing commitment we have to our associates, customers, and consumers.”
*Please see www.deloitte.com/us/about for a detailed description of our legal structure.
About Coca-Cola Beverages Florida, LLC
Established in 2015, Coca-Cola Beverages Florida, LLC (Coke Florida) is a family-owned Coca-Cola bottler. Coke Florida operates exclusive sales and distribution territory that covers over 21 million consumers across 47 Florida counties, and includes the major metropolitan markets of Jacksonville, Miami, Orlando, and Tampa. The company markets, sells, manufactures, distributes, and merchandises over 600 products of The Coca-Cola Company and other partner companies including Monster Energy. Headquartered in Tampa, Florida, Coca-Cola Beverages Florida is the sixth largest Coca-Cola bottler in the United States, Minority Business Enterprise (MBE) certified, and one of the largest black owned businesses in the United States. To learn more, visit www.cocacolaflorida.com.
About the Best Managed Companies Program
The Best Managed Companies program is a mark of excellence for private companies. U.S. designees have revenues of at least $250 million. Hundreds of private companies around the world have competed for this designation in their respective countries through a rigorous and independent process that evaluates four key criteria in their management skills and practices — strategy, execution, culture, and governance/financials. U.S. program sponsors are Deloitte Private and The Wall Street Journal. For more information, visit www.usbestmanagedcompanies.com.
