Former Chicago mayor Rich Daley got named to Coke's board of directors today. Coca-Cola said:
"Mr. Daley brings significant public policy expertise and experience in creating sustainable growth opportunities for businesses and communities to our Company," said Muhtar Kent, Chairman and Chief Executive Officer of The Coca-Cola Company. "His experience and insights will be invaluable as we continue to work to grow our business and invest in the fabric of the communities we serve."
Daley is also a senior advisor to JPMorgan Chase, where he will chair the new "Global Cities Initiative," a joint project of JPMorgan Chase and the Brookings Institution to help cities identify and leverage their greatest economic development resources. He also serves as a senior fellow at the Harris School of Public Policy at the University of Chicago.
I wonder how long this was in the works? And how long has he advised JPMC, the bank that negotiated our catastrophic parking-meter deal?