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Daley Named To Coca-Cola's Board Of Directors

CHICAGO (CBS) -- Former Mayor Richard M. Daley has been elected to the board of directors for The Coca-Cola Company.

"Mr. Daley brings significant public policy expertise and experience in creating sustainable growth opportunities for businesses and communities to our Company," said Muhtar Kent, Chairman and CEO of Coca-Cola, said in a prepared statement. "His experience and insights will be invaluable as we continue to work to grow our business and invest in the fabric of the communities we serve."

Daley, 69, has been serving as of counsel at the Katten Muchin Rosenman law firm since shortly after he retired as mayor in May.

He's also managing principal of Tur Partners LLC, an investment firm that "helps its partners achieve strategic objectives by mobilizing global leaders and resources toward sustainable solutions within the urban environment," according to the company's website.

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