Brands
Henrique Braun gets promoted to EVP & COO at The Coca-Cola Co
MUMBAI: Come the new year and Henrique Braun will be carrying a new designation at The Coca-Cola Co. Last week, he was named executive vice-president & chief operating officer. In his expanded role, Braun will be responsible for all of the company’s operating units worldwide. He will report to chairman & CEO James Quincey.
Braun currently serves as EVP & president, international development, overseeing the company’s operating units for Latin America; Japan & South Korea; Asean & south Pacific; Greater China and Mongolia; Africa; India & southwest Asia; and Eurasia and Middle East.
As COO, Braun will add oversight of the north America and Europe operating units.
“Henrique has built an impressive track record of driving our growth strategy along with numerous operational accomplishments, all while keeping the consumer as the center of decisions,” Quincey said. “He has proven to be a trusted, strategic leader with a reputation for developing talent and delivering results.”
Prior to his current role, Braun served as president of the Latin America operating unit from 2020 to 2022 and as president of the Brazil business unit from 2016 to 2020. From 2013 to 2016, he was president of the company’s Greater China & Korea business unit.
Braun, 56, joined The Coca-Cola Co in 1996 in Atlanta and progressed through roles of increasing responsibilities in north America, Europe, Asia and Latin America. Those positions included supply chain, new business development, marketing, innovation, general management and bottling operations. Braun has served in regional, business unit and corporate functions.
“I am energised and honored to take on this broader role and look forward to partnering with James, our executive leadership team, bottling partners and associates to deliver on our total beverage strategy and drive growth across the company and our system worldwide,” Braun said.
The following leaders will report to Braun:
Selman Careaga, president, ASEAN & South Pacific operating unit;
Nikos Koumettis, president, Europe operating unit;
Gilles Leclerc, president, Greater China and Mongolia operating unit;
Jennifer Mann, EVP and president, North America operating unit;
Luisa Ortega, president, Africa operating unit;
Murat Ozgel, president, Japan & South Korea operating unit;
Bruno Pietracci, president, Latin America operating unit;
Sanket Ray, president, India & Southwest Asia operating unit;
Sedef Salingan Sahin, president, Eurasia and Middle East operating unit.
Braun holds a bachelor’s degree in agricultural engineering from the University Federal of Rio de Janeiro, a master’s of science degree from Michigan State University and an MBA from Georgia State University.
Brands
Dunkin’ Donuts to exit India as Jubilant FoodWorks ends 15-year franchise deal
The quick service restaurant giant is ending a 15-year franchise partnership with the American doughnut chain, even as it renews its Domino’s agreement for another 15 years
NOIDA: Dunkin’ is done in India. Jubilant FoodWorks Ltd, the country’s leading quick service restaurant operator, has decided not to renew its franchise agreement with the American coffee and doughnut chain, and will wind down its Indian stores in a phased manner before December 31, 2026, bringing a 15-year partnership to a quiet, loss-laden close.
The decision, approved by JFL’s board on March 30, 2026, ends a relationship that began with a Multiple Unit Development Franchise Agreement signed on February 24, 2011. JFL will now evaluate and undertake what it described in a regulatory filing as the “rationalisation and/or cessation of certain operations and/or sale, transfer or disposal of assets and/or assignment or transfer of franchise rights,” all in consultation with Dunkin’s brand owners and strictly within the terms of the original agreement.
The numbers tell the story bluntly. In the financial year 2024-25, Dunkin’ India posted a revenue of Rs 37 crore against a loss of Rs 19 crore — a haemorrhage that was always going to test the patience of a parent company recording revenues of Rs 6,104 crore and a profit of Rs 194 crore in the same period. Doughnuts, it turns out, were never going to move the needle.
The contrast with JFL’s handling of its other marquee franchise could hardly be sharper. Even as it walks away from Dunkin’, the company has just doubled down on Domino’s, signing a fresh Master Franchise Agreement on March 31, 2026, granting it exclusive rights to develop and operate Domino’s Pizza stores in India for 15 years, with an option to renew for a further 10.
JFL, incorporated in 1995 and promoted by the Bharatia family, operates a network of more than 3,500 stores across six markets — India, Turkey, Bangladesh, Sri Lanka, Azerbaijan and Georgia. Its portfolio includes Domino’s and Popeyes on the global side, and two home-grown brands: Hong’s Kitchen and COFFY, a café brand in Turkey.
For Dunkin’, India was always a stretch. The brand never quite cracked the cultural code in a market where filter coffee and chai command fierce loyalty and where the doughnut remains, at best, an occasional indulgence rather than a daily habit. Fifteen years, mounting losses and a parent with better things to spend its capital on was always going to be a difficult equation to solve.
The doughnut has had its last day. The pizza, however, is staying.
