Coca-Cola Beverages Florida Promotes Sales Veteran to Territory General Manager
'John's deep industry knowledge and undeniable impact on the business make him the ideal leader to guide our Fort Myers market,' said Jamaal Medley, Vice President, Field Franchise Operations at Coke Florida. 'We look forward to his leadership in integrating sales, warehousing, distribution, and merchandising operations to drive strong local business performance.'
Dearstine most recently served as Sales Director for the Fort Myers territory. He has over 39 years of experience in sales leadership roles across the Coca-Cola system. Prior to joining Coke Florida, he served as a Retail Growth Manager on the Franchise Team with The Coca-Cola Company's North America Operating Unit, supporting Coke Florida's customer and marketing teams.
'I'm honored to step into this new role and lead the exceptional team here in Fort Myers,' said Dearstine. 'I'm excited to continue contributing to Coke Florida's success with my team while growing our business, strengthening our customer relationships, and making a difference in the communities we serve.'
About Coca-Cola Beverages Florida, LLC
Coca-Cola Beverages Florida, LLC (Coke Florida) is the sixth largest Coca-Cola bottler in the United States. Coke Florida makes, sells, and distributes products of The Coca-Cola Company in an exclusive territory that covers over 21 million consumers across 47 counties in Florida. The company employs over 5,000 associates and operates four Green Circle Certified manufacturing facilities and eighteen distribution centers. Founded in 2015 and headquartered in Tampa, Coke Florida is one of the largest Black-owned businesses in the United States. In 2025, Coke Florida was recognized as a US Best Managed Company Gold Standard Winner by Deloitte Private and The Wall Street Journal. To learn more, visit www.cokeflorida.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
34 minutes ago
- Yahoo
The 3 Best Warren Buffett Stocks to Buy Right Now
Key Points You can find wealth-building investments by perusing Berkshire Hathaway's well-stocked portfolio. Three of Buffett's most defensive stocks are particularly attractive buys today. 10 stocks we like better than Berkshire Hathaway › All good things must come to an end. After six decades generating fortunes for Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) shareholders, Warren Buffett will soon relinquish his role as CEO of the trillion-dollar masterpiece of American capitalism he helped build. Fortunately, Buffett plans to remain chairman of Berkshire's Board of Directors and continue to help guide the company's major investment decisions. Better still, the legendary financier's best ideas continue to comprise the lion's share of the conglomerate's public stock holdings, currently valued at a staggering $280 billion. If you'd like to profit alongside Buffett, here are some of Berkshire's best stocks for today's turbulent economic environment. 1. Kroger When people pinch pennies, they dine out less and dine in more. The eat-from-home trend is a boon for Kroger (NYSE: KR), the largest pure play grocery chain in the U.S. With over 2,700 stores and roughly $150,000 billion in annual revenue, Kroger's impressive scale provides it with significant advantages over its smaller rivals. The grocery giant's purchasing power gives it an edge in pricing that cash-strapped consumers appreciate. Kroger can also afford to invest more aggressively in technology, which helped to fuel a 15% jump in the company's digital sales in the first quarter. All told, Kroger is the type of investment that will allow you to sleep easily at night while you own it. People need to eat, and the grocery leader's defensive business model generates consistent profits across economic cycles. Moreover, Kroger's bountiful free cash flow -- which management expects to climb as high as $3 billion in 2025 -- supports a steadily growing dividend and sizable share repurchases. These cash returns should continue to drive Kroger's stock price higher in the coming years. 2. Coca-Cola Long-time Buffett favorite Coca-Cola (NYSE: KO) is another reliable dividend stock to consider adding to your diversified investment portfolio. The beverage colossus has increased its cash payments to shareholders for an extraordinary 63 consecutive years. If you're worried about Coca-Cola's reliance on sugary soda sales, fear not. The beverage king has worked to broaden its offerings to include healthier fare like milk, tea, and bottled water. Strong sales of high-protein drinks under the company's popular Fairlife brand are a notable growth driver. Coca-Cola Zero Sugar and other sugar-free drinks also remain top sellers among health-conscious consumers. Coca-Cola's diversified product lineup and strong free-cash-flow generation make it one of the most dependable dividend payers available in the stock market today. Buffett's beloved beverage maker is currently offering you a solid 3% yield. 3. Berkshire Hathaway The most defensive and safest business of all, however, may just be Berkshire Hathaway itself. Buffett's financial fortress is sitting on a massive cash stash of more than $340 billion just waiting to be deployed in value-creating investments on behalf of its shareowners. Berkshire's huge cash reserves enable it to pounce on profit opportunities as they arise. This typically occurs during volatile times. Buffett fans know this, which is one of the reasons why Berkshire's stock tends to outperform during bear markets. The megaconglomerate's diverse business segments further help to reduce the risks for investors. Berkshire owns more than 60 operating subsidiaries in areas as far-ranging as railroads, car insurance, ice cream, and underwear. BNSF Railway, GEICO, Dairy Queen, and Fruit of the Loom are just a small sample of Berkshire's assorted holdings. Together, these businesses cranked out over $10 billion in operating cash flow in Q1 alone. Although Buffett is stepping down as CEO at the end of 2025, he's handing over the reins to his hand-picked successor, Greg Abel. The longtime Berkshire executive isn't expected to rock the boat, as he's already overseeing many of the company's most important businesses. And the limited number of changes expected to come under Abel's leadership could prove beneficial. For example, Abel might be more aggressive with selling off Berkshire's few underperforming assets, such as its multibillion-dollar stake in Kraft Heinz. That could further swell the investment giant's already enormous cash reserves, thereby giving Berkshire even more capital to deploy during the next market downturn. Should you invest $1,000 in Berkshire Hathaway right now? Before you buy stock in Berkshire Hathaway, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Berkshire Hathaway wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $631,505!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,103,313!* Now, it's worth noting Stock Advisor's total average return is 1,039% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Berkshire Hathaway. The Motley Fool recommends Kraft Heinz and Kroger. The Motley Fool has a disclosure policy. The 3 Best Warren Buffett Stocks to Buy Right Now was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
5 hours ago
- Yahoo
Howard Energy Partners Announces Launch of $600 Million Offering of Senior Notes
SAN ANTONIO, August 05, 2025--(BUSINESS WIRE)--Howard Midstream Energy Partners, LLC (the "Company") today announced that it is commencing an offering (the "Offering") of $600 million of senior notes due 2034 (the "2034 Notes"). The 2034 Notes will be issued in a private offering exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The Company intends to use the net proceeds from the Offering to (i) fund the redemption of all of the $550.0 million aggregate principal amount of its outstanding 8.875% Senior Notes due 2028 issued on July 6, 2023 (the "2028 Notes") in accordance with the indenture governing the 2028 Notes, (ii) fund the repayment of a portion of outstanding borrowings under the Company's revolving credit facility and (iii) pay the premiums, fees and expenses incurred in connection with the Offering and the redemption of the 2028 Notes. Any excess proceeds will be used for general corporate purposes. Nothing in this press release constitutes a notice of redemption to the holders of the 2028 Notes. The 2034 Notes and the related guarantees will be offered and sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to non-U.S. persons outside the United States in compliance with Regulation S, each under the Securities Act. The 2034 Notes and the guarantees have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. RBC Capital Markets, CIBC Capital Markets, MUFG and TD Securities are acting as joint active bookrunners for the Offering. This press release shall not constitute an offer to purchase or the solicitation of an offer to sell the 2034 Notes or any other securities, nor shall there be any offer or sale of any 2034 Notes or other securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any jurisdiction. ABOUT HOWARD ENERGY PARTNERS Headquartered in San Antonio, Texas, Howard Energy Partners is one of the nation's largest private energy infrastructure companies, owning and operating a unique portfolio of assets in Texas, New Mexico, Pennsylvania, Oklahoma, and Mexico. Our diversified midstream platform spans the natural gas and liquids value chain and is strategically positioned to meet the world's increasing demand for energy. FORWARD LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the federal securities laws, including with respect to the Company's proposed offering of the 2034 Notes and the anticipated use of the net proceeds. Such forward-looking statements involve risks and uncertainties, many of which are beyond the control of the Company, that may cause actual events, results, or performance to differ materially from those indicated by such statements. These forward-looking statements are expressed in good faith, and the Company believes there is a reasonable basis for them. However, there can be no assurance that the events, results, or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and the Company is not under any obligation, and expressly disclaim any obligation, to update, alter, or otherwise revise any forward-looking statement, except as required by law. View source version on Contacts Media Contact: Redbird Communications Grouppr@ Investor Contact: Matt Lawrenceinvestors@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
6 hours ago
- Business Wire
KBRA Assigns Ratings to Public Finance Authority (Georgia SR 400 Express Lanes Project) $3.4 Billion PABs and SR 400 Peach Partners, LLC's $3.9 Billion TIFIA Loan
NEW YORK--(BUSINESS WIRE)--KBRA assigns its BBB+ ratings to the Public Finance Authority's $3.4 billion senior lien toll revenue bonds, series 2025 (Georgia SR 400 Express Lanes Project) (the private activity bonds (PAB)), which support the Georgia SR 400 Express Lanes Project. KBRA also assigns its BBB rating to SR 400 Peach Partners, LLC's $3.9 billion TIFIA loan. The Outlook is Stable. In August 2024, the consortium formed by Meridiam SR-400, LLC, Acciona Concesiones S.L., and ACS Infrastructure Development Inc. (collectively the sponsors) was selected as the preferred bidder to develop the SR 400 express lanes in Atlanta (the project) through SR 400 Peach Partners, LLC (the borrower), a single-purpose vehicle to be wholly owned by the sponsors. The project is part of GDOT's major mobility investment program (MMIP). The dynamically priced express lanes will extend through 16 miles along Georgia state route 400, between the MARTA North Spring Station in Fulton County, and McFarland Parkway in Forsyth County. The project is a key north-south corridor serving the Atlanta-Sandy Springs-Alpharetta metropolitan area, connecting the city to its northern suburbs. The Public Finance Authority is placing $3.4 billion in private activity bonds (PAB) as a conduit issuer and lending the proceeds to the borrower. Concurrently, the borrower is entering into a separate loan agreement with TIFIA for an additional $3.9 billion that will be generally subordinated to the PABs. To access ratings and relevant documents, click here. Click here to view the report. Methodologies Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here. Information on the meaning of each rating category can be located here. Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at About KBRA Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan's Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S. Doc ID: 1010680
