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Rumors Circulate that Gillette CEO May Leave for Coca-Cola

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By: TOM BRANNA

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Shares of Gillette Co. fell more than 4% on Monday amidst concerns that chairman and chief executive James Kilts, the key driver behind the turnaround at the world’s largest razor maker, will soon leave to take the top spot at Coca-Cola Co. “We believe Jim Kilts is the leading candidate to become chairman/CEO of Coke,” Bill Pecoriello, analyst at Morgan Stanley, said in a research note Monday.Coca-Cola’s chairman and chief executive Doug Daft plans to retire at the end of...

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