By Maria Saporta
The Coca-Cola Co. is naming Helen Smith Price as the new president of the Coca-Cola Foundation as well as the company’s vice president of Global Community Affairs – beginning her new role on April 16.
She succeeds Lisa Borders, the former president of the Atlanta City Council who left the Coca-Cola Foundation in March to become president of the WNBA.
Price joined the Coca-Cola Co. in 1993 as corporate external affairs director. Since 2001, she has served as assistant vice president and group director of global community affairs and executive director of the Coca-Cola Foundation.
In this role she has managed the day-to-day operations of the global Foundation including, grant making, financial requirements, and regulatory compliance for domestic and international philanthropy.
“Helen’s longstanding commitment to serving the community and her proven success within the Coca-Cola Foundation make her an excellent choice for this role,” said Bea Perez, vice president and chief sustainability officer for the Coca-Cola Co. “I am confident that under Helen’s leadership, the Foundation will continue to flourish and grow while strengthening communities around the world.”
Price will report directly to Perez. During her tenure at the Foundation, Price worked closely with Ingrid Saunders Jones, the longtime head of the Coca-Cola Foundation.
Prior to joining the company, Price held roles in the tax and accounting departments at BellSouth Corp. and Arthur Andersen & Co. She was licensed as a certified public accountant in the state of Georgia, and has a Master of Business Administration degree from Clark Atlanta University, and a Bachelor of Science degree in Chemistry from Spelman College.
“I am thrilled to have this opportunity to lead the Coca-Cola Foundation and shape the Company’s philanthropic strategy,” said Price. “It’s an honor to be a part of an organization that has such deep-rooted cultural commitments to giving back to communities through contributions of talent, time and resources.”
As an Atlanta native, Price’s commitment to the community has been extensive. She currently serves on the boards of the Woodruff Arts Center’s Alliance Theatre, the Villages at Carver Family YMCA and the Association of Corporate Contributions Professionals. She also serves on the Nominations Committee for the United Way of Greater Atlanta and the Corporate Contributions Council of the Conference Board.
The Coca-Cola Foundation is the global philanthropic arm of the Coca-Cola Co. Since its inception in 1984, the Foundation has awarded more than $820 million in grants to support sustainable community initiatives around the world.