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PARIS, June 24, 2021 /PRNewswire=KYODO JBN/ --

The Consumer Goods Forum (CGF), the global body pursuing purpose and positive

change across the consumer goods industry, today announced that two new

Co-Chairs have been elected to its Board of Directors[

https://www.theconsumergoodsforum.com/who-we-are/our-board-of-directors/?utm_source=newswires&utm_medium=referral&utm_campaign=new-co-chairs-2021]:

Daniel Zhang, Chairman & CEO of Alibaba Group, and James Quincey, Chairman &

CEO of The Coca-Cola Company. The announcement was made after the Board of

Directors meeting held during this year's Global Summit, which is being held

virtually for the first time.

The pair will lead the CGF Board for two years and replace outgoing Co-Chairs

Ozgur Tort, CEO of Migros Ticaret, and Emmanuel Faber, former Chairman & CEO of

Danone. In addition, Frans Muller, CEO of Ahold Delhaize, and Alan Jope, CEO of

Unilever, were appointed Vice Co-Chairs.

James and Daniel take over the Co-Chair roles following a challenging period

brought on by the global COVID-19 pandemic and an increasing need for companies

to show consumers, employees and investors that they are proactively addressing

today's sustainability, health and safety challenges. The CGF has also gone

through its own strategic shifts with the creation of eight Coalitions of

Action. While these have now been successfully launched, James and Daniel will

have a leadership role to play in ensuring CGF members accelerate actions on

the ground in regions all over the world.

James Quincey, Chairman & CEO of The Coca-Cola Company, said, "I am honoured to

join the Board of CGF, a unique organisation that works to protect the planet

and its people. Ozgur and Emmanuel have done a tremendous job and I look

forward to building upon their work to drive sustainable solutions to the

challenges we face as an industry. Together with Daniel and the CGF Coalitions

of Action, we will be working against an ambitious agenda to build a better

shared future for all."

Daniel Zhang, Chairman & CEO of Alibaba Group, said, "I am honoured to be the

first-ever Co-Chair of the CGF Board from a multinational company born in

China, and I want to thank my peers on the Board for their vote of confidence.

Under Ozgur's and Emmanuel's strong leadership, CGF has engaged a greater array

of stakeholders and placed greater emphasis on implementation support. Together

with James, I look forward to building on this foundation by driving broader

representation and inclusivity across our CGF membership, as we work to

transform the industry to address challenges and capture opportunities of the

future."

Reflecting on his time as Co-Chair, Ozgur Tort, CEO of Migros Ticaret, said,

"Sustainability and efficiency have gained even greater importance and

relevance for us all during the pandemic. In a period of uncertainty, we

provided service without limits. As a new era dawned, we were proactive in

reinterpreting our practices to make them relevant in the new reality. Within

the CGF, we set up eight separate Coalitions of Action, each with its own

mission and a remit to create a sustainable world and bring about positive

change. Each Coalition brings together corporate leaders from various sectors

with the aim of focusing on new solutions for the future of our planet. By

doing this CGF has created a much more inclusive and diversified structure.

This flexible structure will inspire new initiatives all around the world."

Wai-Chan Chan, Managing Director, The Consumer Goods Forum, said, Ozgur and

Emmanuel have done a fabulous job during very challenging times. Under their

stewardship, the CGF has re-focused to ensure positive impacts on the ground

happen quicker and more effectively and we are now starting to see the benefits

of this work. However, we are only just getting started and I look forward to

now working more closely with James and Daniel as we get to driving positive

change faster than ever, and ensure our industry has a positive voice built on

tangible actions as we head towards the UN Food Systems Summit and COP 26.

Despite our successes, we know there is still a lot more we can do."

About The Consumer Goods Forum

The Consumer Goods Forum ("CGF") is a global, parity-based industry network

that is driven by its members to encourage the global adoption of practices and

standards that serves the consumer goods industry worldwide. It brings together

the CEOs and senior management of some 400 retailers, manufacturers, service

providers, and other stakeholders across 70 countries, and it reflects the

diversity of the industry in geography, size, product category and format. Its

member companies have combined sales of EUR 3.5 trillion and directly employ

nearly 10 million people, with a further 90 million related jobs estimated

along the value chain. It is governed by its Board of Directors, which

comprises more than 55 manufacturer and retailer CEOs. For more information,

please visit: www.theconsumergoodsforum.com.

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SOURCE: The Consumer Goods Forum