Tuesday, May 4, 2021

The very profitable race business

Coca-Cola pauses aggressive diversity plan after chief lawyer resigns


He signed a new contract to serve as a consultant to Coca-Cola CEO James Quincey. In that position, he’ll be making a hefty $12 million over the next year. That included a $4 million sign-on fee and a monthly consulting fee of $666,666, according to an April 21 securities filing. It’s unclear how Gayton will be able to impact the company’s outside law firm diversity plan in his new position.


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