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    Douglas_Ivester

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    Douglas Ivester

    Douglas Ivester (born 1947) is an American


    businessman. He served as the chairman and chief Douglas Ivester
    executive officer of The Coca-Cola Company from Born 1947 (age 76–77)
    1997 to 2000.[1] New Holland, Georgia, U.S.
    Alma mater University of Georgia
    Known for chairman & CEO of The Coca-
    Early life Cola Company (1997–2000)

    Melvin Douglas Ivester was born in 1947 in New


    Holland, Georgia. He attended New Holland Elementary School, where he met Kay Grindle in the third
    grade. He grew up to marry her. He attended North Hall High School and went on to the University of
    Georgia, where he earned a degree in accounting, graduating with honors in 1969 from the university’s
    Terry College of Business.

    Career
    Ivester began his career with the accounting firm of Ernst and Ernst.

    In 1979, Ivester joined Coca-Cola as assistant controller and director of corporate auditing, and in 1981
    he became the youngest vice president in the company's history. Two years later he was elected senior
    vice president of finance, and in 1985 he was elected CFO at the age of 37. Ivester was elected chairman
    of the board and chief executive officer of The Coca-Cola Company on October 23, 1997. Ivester
    received a retirement package estimated to be worth $166 million.[2] Ivester received the FIFA Order of
    Merit in 1996.[3]

    Ivester serves on the board of directors of SunTrust Bank, now Truist Financial.[4]

    In 1996 Ivester was honored with an Edison Achievement Award for his commitment to innovation
    throughout his career.

    Philanthropy
    Ivester contributes to the University of Georgia and its Terry College of Business as Executive-at-Large
    through the "Deer Run Fellows" program.[5]

    References
    1. Hays, Constance L (18 February 2000). "Transition in the Chief Executive Post at Coca-
    Cola Comes Early" (https://select.nytimes.com/gst/abstract.html?res=FB0D11FE35550C7B
    8DDDAB0894D8404482). The New York Times. Retrieved 31 January 2011.
    2. Balsam, Steven. An Introduction to Executive Compensation (https://books.google.com/boo
    ks?id=rPtyBasC6yoC&pg=PA271), Academic Press, 2002, p. 271. Retrieved 1 October
    2015
    3. "Anniversary with nine FIFA Order of Merit Awards" (https://web.archive.org/web/201601280
    53345/http://www.fifa.com/news/y=1996/m=8/news=anniversary-with-nine-fifa-order-merit-a
    wards-71614.html). FIFA. August 8, 1996. Archived from the original (https://www.fifa.com/n
    ews/y=1996/m=8/news=anniversary-with-nine-fifa-order-merit-awards-71614.html) on
    January 28, 2016. Retrieved April 6, 2018.
    4. "Board of Directors" (http://investors.suntrust.com/governance/board-of-directors/default.asp
    x). SunTrust Bank. Retrieved April 6, 2018.
    5. Doug Ivester to direct UGA program (https://www.bizjournals.com/atlanta/stories/2009/10/1
    2/daily32.html) Atlanta Business Chronicle, Oct. 14, 2009.

    External links
    Appearances (https://www.c-span.org/person/?59097) on C-SPAN
    Deer Run Fellows (http://www.terry.uga.edu/students/deer-run-fellows)

    Retrieved from "https://en.wikipedia.org/w/index.php?title=Douglas_Ivester&oldid=1220723052"

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