J. Paul Austin Biography, Age, Height, Wife, Net Worth and Family

Age, Biography and Wiki

J. Paul Austin was born on 14 February, 1915 in LaGrange, Georgia, United States, is a President. Discover J. Paul Austin's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 70 years old?

We recommend you to check the complete list of Famous People born on 14 February. He is a member of famous President with the age 70 years old group.

J. Paul Austin Height, Weight & Measurements

At 70 years old, J. Paul Austin height not available right now. We will update J. Paul Austin's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

J. Paul Austin Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is J. Paul Austin worth at the age of 70 years old? J. Paul Austin’s income source is mostly from being a successful President. He is from Georgia. We have estimated J. Paul Austin's net worth , money, salary, income, and assets.

J. Paul Austin Social Network

Timeline

Paul Austin supervised the planning of Coca-Cola's headquarters building in Atlanta, Georgia. The 26-story building on North Avenue opened in 1979.

In December 1978 Austin announced Coca-Cola would return to China after a 30-year ban. Austin had been working with Chinese officials since 1975 to secure Coca-Cola's return. In a January 1979 article in People magazine, Austin stated that to bring Coca-Cola back to mainland China, "[a]ll it took was patience." Austin continued,

Amidst the international expansion, India was the only country to cast out Coca-Cola. In 1977 exports to India stopped because Coca-Cola refused to divulge its secret recipe to the Indian government.

Coretta Scott King thought of Austin as a good friend. Austin was the first recipient of the Martin Luther King Jr. Center for Nonviolent Social Change's award for corporate social responsibility. Three years later, in 1977, Austin and Mrs. King were awarded the annual Man of Conscience award of the Appeal of Conscience Foundation.

In 1977 and 1978 Paul Austin had a series of private meetings with Fidel Castro in Cuba. The meetings were ostensibly for Coca-Cola business – Coca-Cola had a $27.5 million claim against Cuba for confiscating its properties in 1961.

The Austin-Castro-Carter relationship and its link to sugar pricing was the subject of a July 1977 column by William Safire in The New York Times. Playing off of Coca-Cola's slogan, Safire wrote, "The Carter-Coke-Castro sugar diplomacy is not merely a potential conflict of interest. It's the real thing."

In 1977, Austin received the Golden Plate Award of the American Academy of Achievement.

Governor Jimmy Carter was not well known outside of Georgia when Paul Austin gave him his personal and professional support during the 1976 presidential election. In addition to contributing money to Carter's campaign, Austin lent Carter the use of Coca-Cola's corporate plane. Austin also introduced Carter to influential New York businessmen including David Rockefeller.

Paul Austin served on a number of other executive boards including SunTrust, General Electric, Dow Jones & Company, Morgan Guaranty Trust, Continental Oil and Federated Department Stores. Austin was chairman of the board of trustees of the RAND Corporation from 1972 to 1981. He was a member of the Trilateral Commission and the Council on Foreign Relations.

Under Austin's leadership, Coca-Cola's advertisements and branding had global impact. The groundbreaking "Hilltop" commercial featuring "I'd Like to Buy the World a Coke" was released in 1971 and has had a long lasting connection with the public.

Coca-Cola briefly entered the wine business in the late 1970s. In 1977 Austin helped to create the Wine Spectrum, a subsidiary of Coca-Cola that consisted of Sterling Vineyards, Monterey Vineyard and the Taylor Wine Company. In 1983 the Wine Spectrum was acquired by Joseph E. Seagram & Sons for more than $200 million in cash.

Austin's April 1970 speech to the Georgia Bankers Association entitled "Environmental Renewal or Oblivion – Quo Vadis?" was entered into the Senate Congressional Record by United States Senator Edmund Muskie. In it Austin, as head of Coca-Cola, accepted responsibility for the corporation's effects on the environment and pledged to offset them with Coca-Cola-sponsored programs. He spoke passionately about preserving the environment for future generations:

Paul Austin was an active supporter of Martin Luther King Jr. After King won the 1964 Nobel Peace Prize, plans for an interracial celebration in still-segregated Atlanta were not initially well supported by the city's business elite until Austin intervened. In his memoir, activist and former Atlanta mayor Andrew Young wrote:

In May 1962 Paul Austin was elected president of Coca-Cola, succeeding Lee Talley. He became chief executive officer in 1966, and chairman in 1970. Austin retired from Coca-Cola in 1981 and was succeeded by Roberto Goizueta.

With Austin at the helm, Coca-Cola achieved an unprecedented tenfold growth. Coca-Cola had earnings of $46.7 million on sales of $567 million in 1962 when Austin was elected president. When Austin retired, Coca-Cola had earnings of $481 million on sales of $5.9 billion.

From 1958 onward the Austins made their home in the Buckhead community of Atlanta.

In Chicago, Austin met Jeane Weed, who was working for Coca-Cola as a secretary. They married in July 1950 and had two sons.

In 1950 Austin was named assistant to the president of the Coca-Cola Export Corporation. In 1954 Austin moved to Johannesburg, South Africa to oversee Coca-Cola's operations in Africa, serving as vice president of the export unit. In 1958 Austin returned to Georgia and was named executive vice president of the Coca-Cola Export Corporation, then president in 1959. In May 1961 Austin was elected executive vice president of The Coca-Cola Company.

Paul Austin was working at the New York law firm of Larkin, Rathbone & Perry when he joined the legal department at Coca-Cola in 1949. Austin began in Chicago where he supervised the buying of bottling plants. He spent five months working at various positions in the plant and as a route salesman. To Austin, this was a path to success in the business.

During World War II Austin was a Naval Intelligence Officer. He served on a PT squadron in the Pacific and was uninjured in the friendly fire incident involving PT-346 in April 1944. Austin achieved the rank of lieutenant commander and received the Legion of Merit.

Austin attended Harvard University for undergraduate studies and graduated in 1937 with a degree in Liberal Arts. While at Harvard he was a member of the rowing team and competed in the 1936 Summer Olympics in Berlin. Austin graduated from Harvard Law School in 1940.

Paul and Jeane Austin (1918–2006) had two sons, Jock and Sam, and eight grandchildren. Grandson J. Paul Austin III was the longtime chief investment officer at the private investment firm of billionaire S. Daniel Abraham and is chairman of Cornerstone Bank in Atlanta.

John Paul Austin (February 14, 1915 – December 26, 1985) was Chairman, President and CEO of The Coca-Cola Company. From 1962 to 1981 Austin oversaw the growth of the company from $567 million in sales to a $5.9 billion global force.

John Paul Austin was born on February 14, 1915 in LaGrange, Georgia. His father was an executive at Callaway Mills. Austin was educated at Culver Military Academy in Culver, Indiana and Phillips Academy in Andover, Massachusetts.