Coca-Cola names director, declares quarterly dividend

Coca-Cola Co.’s
KO,
+1.92%
board of directors on Wednesday announced the election of Thomas S. Gayner as a director, and declared a quarterly dividend. Gayner, chief executive of financial holding company Markel Group Inc.
MKL,
+0.30%,
joins the board effective immediately. Coca-Cola also announced a regular quarterly dividend of 46 cents per common share, payable Oct. 2.