Coca-Cola Legal Chief Douglas to Earn Half a Million in Salary

The Coca-Cola Co.’s new general counsel Monica Howard Douglas, who replaced former legal chief Bradley Gayton after he abruptly stepped down in April, will earn $555,000 in base salary and likely millions in total compensation, according to a Monday SEC filing.

A copy of Douglas’s offer letter from Coca-Cola Chairman and CEO James Quince listed terms and compensation details for her role as general counsel of the Atlanta-based beverage giant.

In addition to base salary, she was approved for a long-term incentive award valued at around $750,000 comprising stock options and growth share units that will vest over the ...