Background
Melvin Douglas Ivester was born in New Holland, Georgia. He grew up to marry her.
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Douglas Ivester
Edit ProfileEducation
He attended New Holland Elementary School, where he met Kay Grindle in the third grade. 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.
Career
He retired on February 17, 2000. His first job out of college was working with the accounting firm of Ernst and Ernst. In 1979 he 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 Chief Financial Officer 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. He retired from The Coca-Cola Company in 2000.
"Never let your memories be greater than your dreams" is one of his famous sayings. Mr. Ivester received a retirement package estimated to be worth $166 million.
Currently, he contributes to the University of Georgia through a program called Deer Run Fellows.
