Sunday, November 16, 2014

Board chairman of Alabama State University resigns


MONTGOMERY, Alabama -- Larry D. Thornton Sr., the chairman of the board of Alabama State University, resigned from the board on Friday, citing his relationship with a Coca-Cola bottling company as the reason.

Thornton said because of new university business with the bottler, Coca-Cola Bottling Co. United Inc., he thought it best to resign as a board member.

"I have professional affiliations with the Coca-Cola Bottling Co. United," Thornton said in an email to Alabama State University officials, alumni and students. "I have served on the company's board since 2003 and have a 35-year history with the company. On Tuesday, Nov. 4, Coca-Cola Refreshments announced the transfer of custody of their Alabama State account to Coca-Cola Bottling Co. United."

Thornton, a Birmingham businessman, said CCR had held the contract for beverage services with Alabama State University. The change caused a conflict of interest for Thornton.

CONTINUE READING

No comments:

Post a Comment