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{{Short description|Cuban-American chief executive}} |
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{{family name hatnote|Goizueta|Cantera|lang=Spanish}} |
{{family name hatnote|Goizueta|Cantera|lang=Spanish}} |
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{{Infobox person |
{{Infobox person |
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|name = Roberto Goizueta |
| name = Roberto Goizueta |
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|image = Roberto Goizueta.jpg |
| image = Roberto Goizueta.jpg |
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|caption = |
| caption = |
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|birth_name = Roberto Críspulo Goizueta Cantera |
| birth_name = Roberto Críspulo Goizueta Cantera |
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|birth_date = {{Birth date|1931|11|18}} |
| birth_date = {{Birth date|1931|11|18}} |
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|birth_place = [[Havana, Cuba]] |
| birth_place = [[Havana, Cuba]] |
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|death_date = {{death date and age|1997|10|18|1931|11|18}} |
| death_date = {{death date and age|1997|10|18|1931|11|18}} |
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|death_place = [[Atlanta, Georgia]] |
| death_place = [[Atlanta, Georgia]], U.S. |
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|other_names = |
| other_names = |
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|known_for = CEO/Chairman of [[Coca-Cola]] (1980–1997) |
| known_for = CEO/Chairman of [[Coca-Cola]] (1980–1997) |
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|occupation = |
| occupation = |
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|nationality = |
| nationality = Cuban<br/>American |
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}} |
}} |
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'''Roberto Críspulo Goizueta Cantera''' (November 18, 1931 – October 18, 1997) was [[ |
'''Roberto Críspulo Goizueta Cantera''' (November 18, 1931 – October 18, 1997) was a Cuban-born American business executive who served as the [[chairman]], president, and [[chief executive officer]] (CEO) of [[The Coca-Cola Company]] from August 1980 until his death in October 1997. |
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==Early life== |
==Early life== |
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Goizueta was born on November 18, 1931, in [[Havana]], Cuba.<ref name=newgeorgiaencyclopedia>{{cite web|last1=Starrs|first1=Chris|title=Roberto Goizueta (1931-1997)|url=http://www.georgiaencyclopedia.org/articles/business-economy/roberto-goizueta-1931-1997|website=New Georgia Encyclopedia|publisher=Georgia Humanities Council|access-date=January 13, 2016|date=June 24, 2005}}</ref> He was the only son of Críspulo Goizueta and Aída Cantera. His grandparents on both sides of his family had emigrated from [[Spain]] to [[Cuba]] in the late 19th century. His mother's father, Marcelo Cantera, owned a portion of a profitable, local sugar mill. His father, Críspulo, was an architect and a real estate investor who inherited Cantera's sugar interests. |
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Goizueta attended [[Colegio de Belén]] in Havana,<ref>The International Jesuit Alumni Directory Belen (Forum Press Inc., 1994)</ref> a [[Jesuit]] secondary school and later studied for a year in the [[United States]] at the [[Cheshire Academy]], a preparatory school in [[Connecticut]]. He graduated from [[Yale University]] with a bachelor's degree in |
Goizueta attended [[Colegio de Belén]] in Havana,<ref>The International Jesuit Alumni Directory Belen (Forum Press Inc., 1994)</ref> a [[Jesuit]] secondary school and later studied for a year in the [[United States]] at the [[Cheshire Academy]], a preparatory school in [[Connecticut]]. He graduated from [[Yale University]] with a bachelor's degree in chemical engineering in 1953.<ref name=newgeorgiaencyclopedia/> |
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==Career== |
==Career== |
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Goizueta returned to Cuba to work in his family's business in 1953. A year later, Goizueta replied to a [[Employment| |
Goizueta returned to Cuba to work in his family's business in 1953. A year later, Goizueta replied to a [[Employment|help wanted]] newspaper ad for a job with the Coca-Cola bottler in Cuba. A short time later, he was promoted to chief technical director of five Cuban bottling plants. |
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[[Fidel Castro]] rose to power in Cuba, transforming the island into a [[communist state]]. While on vacation in [[Miami]], Goizueta and his family decided to defect to the United States. After defecting to the United States, he worked for The Coca-Cola Company in Miami. He was reassigned to [[Nassau, Bahamas]] as a |
[[Fidel Castro]] rose to power in Cuba, transforming the island into a [[communist state]]. While on vacation in [[Miami]], Goizueta and his family decided to defect to the United States. After defecting to the United States, he worked for The Coca-Cola Company in Miami. He was reassigned to [[Nassau, Bahamas]] as a chemist for the [[Caribbean]] region. In 1964, he was moved to the headquarters of the Coca-Cola Company in [[Atlanta, Georgia]]. At the age of 35, he became vice president of technical research and development. He remains the youngest person to hold this position at the company. In 1975, he was promoted to lead the legal and external affairs department. |
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He received |
He received an appointment in 1979, to become president of the Coca-Cola Company after the resignation of [[J. Lucian Smith]], who was Coca-Cola's president from 1974 until 1979. In March 1981, he assumed the chairmanship after chairman [[J. Paul Austin]] (who was Coca-Cola's president from 1962–1971) retired. He remained at the helm of The Coca-Cola Company for 16 years until the time of his death, due to complications from lung cancer, in 1997. During his tenure, the Coca-Cola brand became the best-known trademark in the world. In 1982, he introduced [[Diet Coke]], followed by [[Cherry Coke]] and the controversial [[New Coke]], both in 1985; advertising slogans "Coke is it!", "You Can't Beat the Feeling" and "Always Coca-Cola". In 1982, Goizueta approved the purchase of [[Columbia Pictures]], signaling Coca-Cola's intentions to branch out beyond the soft-drink business.<ref>{{cite web|title=Goizueta Dies; Led Coca-Cola to Dominance |url=https://www.latimes.com/archives/la-xpm-1997-oct-19-mn-44459-story.html|website=Los Angeles Times|date=October 19, 1997}}</ref> |
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Goizueta also sat on the |
Goizueta also sat on the boards of directors for various companies, including [[SunTrust Banks]], the [[Ford Motor Company]], [[Sonat Inc]] and the [[Eastman Kodak Company]]. He was well known for his business rivalry with fellow businessman [[Roger Enrico]], CEO of [[PepsiCo]], during his tenure as Coke's CEO.<ref>{{cite book |last= DK Publishing|date=August 17, 2009 |title=1000 CEOs|url=https://books.google.com/books?id=p-u4AOpIoeQC&q=Roger+Enrico+goizueta+rivalry|publisher=[[Penguin Books]] |page=351 |isbn=9780756670573 |access-date=May 29, 2015 }}</ref> |
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==Philanthropy== |
==Philanthropy== |
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Roberto Goizueta established the Goizueta Foundation, with a goal to support educational and charity institutions in 1992. "The purpose of the Goizueta Foundation is to assist organizations that empower individuals and families through educational opportunities to improve the quality of their lives." |
Roberto Goizueta established the Goizueta Foundation, with a goal to support educational and charity institutions in 1992. "The purpose of the Goizueta Foundation is to assist organizations that empower individuals and families through educational opportunities to improve the quality of their lives." |
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In 1994, after a $10 million gift from the [[Robert W. Woodruff|Robert W. Woodruff Foundation]], the [[Board of Trustees]] at [[Emory University]] in [[Atlanta]], Georgia, named [[Goizueta Business School|its business school]] after Roberto Goizueta. The school grants [[BBA]]s, [[MBA]]s, and [[PhD]]s in business. Emory University has an extensive history with Coca-Cola. In 1899, Methodist Bishop [[Warren Candler]]'s brother [[Asa Candler]] was elected to Emory's [[Board of Trustees]] and was a generous patron of the university. |
In 1994, after a $10 million gift from the [[Robert W. Woodruff|Robert W. Woodruff Foundation]], the [[Board of Trustees]] at [[Emory University]] in [[Atlanta]], Georgia, named [[Goizueta Business School|its business school]] after Roberto Goizueta. The school grants [[Bachelor of Business Administration|BBA]]s, [[MBA]]s, and [[PhD]]s in business. Emory University has an extensive history with Coca-Cola. In 1899, Methodist Bishop [[Warren Candler]]'s brother [[Asa Candler]] was elected to Emory's [[Board of Trustees]] and was a generous patron of the university. |
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In January 1999, the estate of Goizueta pledged $20 million to Emory University.<ref>{{cite web|url=http://www.emory.edu/PROVOST/IPR/Highlights/highlights1999.htm|title=Emory University: Highlights of Excellence and Achievement 1999|publisher=Emory.edu|access-date=2012-11-17|url-status=dead|archive-url=https://web.archive.org/web/20080209234101/http://www.emory.edu/PROVOST/IPR/Highlights/highlights1999.htm|archive-date=2008-02-09}}</ref> |
In January 1999, the estate of Goizueta pledged $20 million to Emory University.<ref>{{cite web|url=http://www.emory.edu/PROVOST/IPR/Highlights/highlights1999.htm|title=Emory University: Highlights of Excellence and Achievement 1999|publisher=Emory.edu|access-date=2012-11-17|url-status=dead|archive-url=https://web.archive.org/web/20080209234101/http://www.emory.edu/PROVOST/IPR/Highlights/highlights1999.htm|archive-date=2008-02-09}}</ref> |
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==Personal life== |
==Personal life== |
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Goizueta married Olguita Casteleiro.<ref name=newgeorgiaencyclopedia/> They had four children together.<ref name=newgeorgiaencyclopedia/> |
Goizueta married Olguita Casteleiro in Havana, Cuba.<ref name=newgeorgiaencyclopedia/> They had four children together.<ref name=newgeorgiaencyclopedia/> |
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==Death== |
==Death== |
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A heavy smoker, Goizueta died |
A heavy smoker, Goizueta died on October 18, 1997 of [[lung cancer]].{{fact|date=January 2024}} |
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==Awards and |
==Awards and honors== |
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*1980 – Goizueta named an Emory University trustee |
*1980 – Goizueta named an Emory University trustee |
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*1985 – Goizueta receives the Golden Plate Award of the [[Academy of Achievement|American Academy of Achievement]]<ref>{{cite web|title= Golden Plate Awardees of the American Academy of Achievement |website=www.achievement.org|publisher=[[American Academy of Achievement]]|url=https://achievement.org/our-history/golden-plate-awards/#business}}</ref> |
*1985 – Goizueta receives the Golden Plate Award of the [[Academy of Achievement|American Academy of Achievement]]<ref>{{cite web|title= Golden Plate Awardees of the American Academy of Achievement |website=www.achievement.org|publisher=[[American Academy of Achievement]]|url=https://achievement.org/our-history/golden-plate-awards/#business}}</ref> |
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*1994 – Emory University changes the name of its business school to the Roberto C. Goizueta Business School |
*1994 – Emory University changes the name of its business school to the Roberto C. Goizueta Business School |
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*1996 – Chief Executive magazine names him Chief Executive of the Year |
*1996 – Chief Executive magazine names him Chief Executive of the Year |
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==Ancestry== |
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{{ahnentafel |
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|collapsed=yes |align=center |
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|title=Ancestors of Roberto Goizueta |
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|boxstyle_1=background-color: #fcc; |
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|boxstyle_2=background-color: #fb9; |
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|boxstyle_3=background-color: #ffc; |
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|boxstyle_4=background-color: #bfc; |
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|boxstyle_5=background-color: #9fe; |
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|7= 7. Digna Ordiales<br>b. Spain |
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|6= 6. Marcelo Cantera<br>b. [[Spain]] |
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|5= 5. Maria de la Merced Fernandez<br>b. Spain |
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|4= 4. Juan Miguel Goizueta <br>b. [[Spain]] |
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|3= 3. Aída Cantera<br>b. [[Cuba]] |
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|2= 2. Críspulo Goizueta. <br>b. [[Cuba]] |
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|1= 1. Roberto Goizueta <br>b. 1931 [[Havana]], [[Cuba]] |
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}} |
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==See also== |
==See also== |
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* [http://www.goizuetafoundation.org The Roberto Goizueta Foundation Website] |
* [http://www.goizuetafoundation.org The Roberto Goizueta Foundation Website] |
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* [http://goizueta.emory.edu Goizueta Business School] |
* [http://goizueta.emory.edu Goizueta Business School] |
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{{s-start}} |
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{{s-bus}} |
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{{s-bef|before=[[J. Lucian Smith]]}} |
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{{s-ttl|title=President of [[The Coca-Cola Company]]|years=1979–1997}} |
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{{s-aft|after=[[Douglas Ivester]]}} |
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{{s-bef|before=[[J. Paul Austin]]}} |
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{{s-ttl|title=Chairman of [[The Coca-Cola Company]]|years=1981–1997}} |
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{{s-aft|after=[[Douglas Ivester]]}} |
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{{s-end}} |
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{{Authority control}} |
{{Authority control}} |
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[[Category:American chief executives of food industry companies]] |
[[Category:American chief executives of food industry companies]] |
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[[Category:American people of Basque descent]] |
[[Category:American people of Basque descent]] |
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[[Category:Cuban businesspeople]] |
[[Category:20th-century Cuban businesspeople]] |
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[[Category:Cuban emigrants to the United States]] |
[[Category:Cuban emigrants to the United States]] |
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[[Category:Deaths from cancer in Georgia (U.S. state)]] |
[[Category:Deaths from cancer in Georgia (U.S. state)]] |
Latest revision as of 22:43, 3 August 2024
Roberto Goizueta | |
---|---|
Born | Roberto Críspulo Goizueta Cantera November 18, 1931 |
Died | October 18, 1997 Atlanta, Georgia, U.S. | (aged 65)
Nationality | Cuban American |
Known for | CEO/Chairman of Coca-Cola (1980–1997) |
Roberto Críspulo Goizueta Cantera (November 18, 1931 – October 18, 1997) was a Cuban-born American business executive who served as the chairman, president, and chief executive officer (CEO) of The Coca-Cola Company from August 1980 until his death in October 1997.
Early life
[edit]Goizueta was born on November 18, 1931, in Havana, Cuba.[1] He was the only son of Críspulo Goizueta and Aída Cantera. His grandparents on both sides of his family had emigrated from Spain to Cuba in the late 19th century. His mother's father, Marcelo Cantera, owned a portion of a profitable, local sugar mill. His father, Críspulo, was an architect and a real estate investor who inherited Cantera's sugar interests.
Goizueta attended Colegio de Belén in Havana,[2] a Jesuit secondary school and later studied for a year in the United States at the Cheshire Academy, a preparatory school in Connecticut. He graduated from Yale University with a bachelor's degree in chemical engineering in 1953.[1]
Career
[edit]Goizueta returned to Cuba to work in his family's business in 1953. A year later, Goizueta replied to a help wanted newspaper ad for a job with the Coca-Cola bottler in Cuba. A short time later, he was promoted to chief technical director of five Cuban bottling plants.
Fidel Castro rose to power in Cuba, transforming the island into a communist state. While on vacation in Miami, Goizueta and his family decided to defect to the United States. After defecting to the United States, he worked for The Coca-Cola Company in Miami. He was reassigned to Nassau, Bahamas as a chemist for the Caribbean region. In 1964, he was moved to the headquarters of the Coca-Cola Company in Atlanta, Georgia. At the age of 35, he became vice president of technical research and development. He remains the youngest person to hold this position at the company. In 1975, he was promoted to lead the legal and external affairs department.
He received an appointment in 1979, to become president of the Coca-Cola Company after the resignation of J. Lucian Smith, who was Coca-Cola's president from 1974 until 1979. In March 1981, he assumed the chairmanship after chairman J. Paul Austin (who was Coca-Cola's president from 1962–1971) retired. He remained at the helm of The Coca-Cola Company for 16 years until the time of his death, due to complications from lung cancer, in 1997. During his tenure, the Coca-Cola brand became the best-known trademark in the world. In 1982, he introduced Diet Coke, followed by Cherry Coke and the controversial New Coke, both in 1985; advertising slogans "Coke is it!", "You Can't Beat the Feeling" and "Always Coca-Cola". In 1982, Goizueta approved the purchase of Columbia Pictures, signaling Coca-Cola's intentions to branch out beyond the soft-drink business.[3]
Goizueta also sat on the boards of directors for various companies, including SunTrust Banks, the Ford Motor Company, Sonat Inc and the Eastman Kodak Company. He was well known for his business rivalry with fellow businessman Roger Enrico, CEO of PepsiCo, during his tenure as Coke's CEO.[4]
Philanthropy
[edit]Roberto Goizueta established the Goizueta Foundation, with a goal to support educational and charity institutions in 1992. "The purpose of the Goizueta Foundation is to assist organizations that empower individuals and families through educational opportunities to improve the quality of their lives."
In 1994, after a $10 million gift from the Robert W. Woodruff Foundation, the Board of Trustees at Emory University in Atlanta, Georgia, named its business school after Roberto Goizueta. The school grants BBAs, MBAs, and PhDs in business. Emory University has an extensive history with Coca-Cola. In 1899, Methodist Bishop Warren Candler's brother Asa Candler was elected to Emory's Board of Trustees and was a generous patron of the university.
In January 1999, the estate of Goizueta pledged $20 million to Emory University.[5]
Personal life
[edit]Goizueta married Olguita Casteleiro in Havana, Cuba.[1] They had four children together.[1]
Death
[edit]A heavy smoker, Goizueta died on October 18, 1997 of lung cancer.[citation needed]
Awards and honors
[edit]- 1980 – Goizueta named an Emory University trustee
- 1985 – Goizueta receives the Golden Plate Award of the American Academy of Achievement[6]
- 1994 – Emory University changes the name of its business school to the Roberto C. Goizueta Business School
- 1996 – Chief Executive magazine names him Chief Executive of the Year
See also
[edit]References
[edit]- ^ a b c d Starrs, Chris (June 24, 2005). "Roberto Goizueta (1931-1997)". New Georgia Encyclopedia. Georgia Humanities Council. Retrieved January 13, 2016.
- ^ The International Jesuit Alumni Directory Belen (Forum Press Inc., 1994)
- ^ "Goizueta Dies; Led Coca-Cola to Dominance". Los Angeles Times. October 19, 1997.
- ^ DK Publishing (August 17, 2009). 1000 CEOs. Penguin Books. p. 351. ISBN 9780756670573. Retrieved May 29, 2015.
- ^ "Emory University: Highlights of Excellence and Achievement 1999". Emory.edu. Archived from the original on 2008-02-09. Retrieved 2012-11-17.
- ^ "Golden Plate Awardees of the American Academy of Achievement". www.achievement.org. American Academy of Achievement.
Further reading
[edit]- Allen, Frederick (1995). Secret Formula: How Brilliant Marketing and Relentless Salesmanship Made Coca-Cola the Best-Known Product in the World. HarperBusiness. ISBN 0-88730-751-5.
- Greising, David (1989). I'd Like the World to Buy a Coke: The Life and Leadership of Roberto Goizueta. Wiley, John & Sons, Incorporated. ISBN 0-471-34594-6.
External links
[edit]- 1931 births
- 1997 deaths
- Coca-Cola people
- American chief executives of food industry companies
- American people of Basque descent
- 20th-century Cuban businesspeople
- Cuban emigrants to the United States
- Deaths from cancer in Georgia (U.S. state)
- Cuban people of Basque descent
- Cuban people of Spanish descent
- Emory University people
- Yale University alumni
- 20th-century American businesspeople
- Cheshire Academy alumni