Delta’s board of directors today announced Kathy N. Waller as its newest member. Waller is Executive Vice President and Chief Financial Officer of The Coca-Cola Company.
“Kathy brings an impressive financial career with another of Atlanta’s global business institutions,” said Daniel A. Carp, Delta’s non-executive Chairman of the Board. “We are excited that Kathy is adding her talent, knowledge and experience to Delta’s strong and independent board of directors.”Prior to her appointment as Coca-Cola’s Chief Financial Officer in 2014, Waller served as its Vice President, Finance and Controller. She joined Coke in 1987 as a Senior Accountant and has assumed roles of increasing responsibility during her career. Prior to joining Coke, Waller worked for the firm now known as Deloitte.
In addition to her role as Coke’s CFO, Waller serves on the Board of Directors of Monster Beverage Corporation as well as on Coca-Cola FEMSA, S.A.B. de C.V., one of the Coke’s largest global bottlers. She is a member of the Board of Trustees of Spelman College in Atlanta, the Board of Trustees of the University of Rochester and the Board of Directors of the Atlanta Symphony Orchestra. Waller serves on the advisory board of Catalyst, a nonprofit with a mission to expand opportunities for women and business.
Waller received her undergraduate and MBA degrees from the University of Rochester and is a Certified Public Accountant.
In other news, Delta’s board also approved a quarterly dividend of 13.5 cents per share under the airline’s current authorization to return more than $2.75 billion to shareholders by the end of 2016. The dividend will be paid on August 18.
In 2013, Delta’s board initiated a quarterly dividend as part of its long-term shareholder return program. This is the ninth consecutive quarter that Delta has returned cash to shareholders through a dividend.