Coca-Cola Co. KO, +0.61% said Thursday Chairman Muhtar Kent plans to retire in April, after about 10 years in the role. Kent also served as chief executive officer of the Coke parent from 2009 to 2017, when he was succeeded by current CEO James Quincey in May 2017. The beverage giant said Quincey has been elected to become chairman after the company's annual meeting in April 2019. The stock fell 1.7% in morning trade. It has gained 6.2% year to date, while the Dow Jones Industrial Average DJIA, -0.22% has lost 1.9%.

Turkish energy to media company Ciner Group has acquired a 25-foot-wide townhouse on East 55th Street, Midtown Manhattan, for $22.9 million. Ciner Group said that the Manhattan townhouse will be headquarters for a new company that has been established to make $2 billion in commitments. The 8,000-square-foot building is a Tudor-style building arrayed in purplish brick, with terra cotta details. Ciner Group acquired the property from UK video production and distribution company DLT Entertainment, Ltd.

McCurdy standing in the center with Chief Justice of the Philippine Supreme Court Lucas Bersamin on his left and the laureate from Turkey, Faruk Cengic, to his right.
G. Lincoln McCurdy, president of the Turkish Coalition of America (TCA), was one of the fifteen 2018 laureates from 13 countries receiving the Gusi International Peace Prize at its 17th annual awards ceremony on November 28 in Manila, Philippines.  The Gusi Peace Prize, established in 2002, is Asia’s foremost award that recognizes individuals and organizations working toward the attainment of peace and respect for human life and dignity.

The Turkish Coalition of America (TCA) is now accepting applications for the 12th Annual Washington Summer Internship Program. The TCA Internship Program is open to undergraduate/graduate students and recent graduates of Turkish American heritage. Now in its twelfth year, the TCA Washington Summer Internship Program has provided 187 internship opportunities for young Turkish Americans at Congressional offices throughout Washington, DC. Designed to enhance Turkish American participation in political life, the program provides an opportunity for young Turkish Americans to live and work in the nation’s capital, learn about the American political process, contribute to U.S.-Turkey relations and the TCA mission, and explore career opportunities in public affairs.