Coke names new business head for Mexico unit

MEXICO CITY Mon Jan 7, 2013 12:23pm EST

MEXICO CITY Jan 7 (Reuters) - The Coca-Cola Co on Monday said it named Francisco Crespo president of its Mexican affiliate, replacing Brian Smith who now heads the company's Latin American business.

Crespo previously headed Coke's South American division.

Coke has a 28.7 percent stake in Mexico's Coca-Cola Femsa, which is Latin America's biggest coke bottler.