Coke has been on the “woke” train recently after it was revealed back in Feb that it was encouraging it’s employees to be “less white” and in Jan said to it’s outside law firms that they must commit to diversity.
The designer of these plans was Coke’s former general councel Bradley Gayton. He resigned recently possibly because of the backlash the company was getting for these moves.
Gayton is not gone for good however. He’s signed a new contract with Coke to be the consultant to the CEO James Quincey. What’s in this contract is $12 million for his first year, $4 million sign-on fee and a monthly consulting fee of $666,666.
Who will be replacing Gayton is Monica Howard Douglas, Scott Leith, a spokesman for Coke, said.
“When there is a leadership change, it takes time for the new leader to review the current status of the team, organization and initiatives,” he said. “Monica is fully committed to the notions of equity and diversity in the legal profession, and we fully expect she will take the time necessary to thoughtfully review any plans going forward.”