Coke stock closed at $62.75 on the New York Stock Exchange yesterday, down 37.5 cents.
Under his tenure, the total value of Coke stock grew from $4.3 billion in 1981 to more than $152 billion today.
There's still a lot of Coke stock here, but the town is building on new events to chart its future.
Add six million additional restricted shares and two cash payments based on the price of Coke stock, and his tax-deferred fortune grows to $936 million.
Coke stock fell more than $3 a share as the stock market opened yesterday, but largely recovered to close at $56.1875, down 50 cents in heavy trading.
Mr. Goizueta was revered by almost everyone who holds even a splinter of Coke stock for his relentless focus on shareholder value.
Since then, Coke stock is down 14 percent while the Standard & Poor's 500 is up 30 percent.
Mr. ivester is also leaving with a chunk of Coke stock awarded to him upon his retirement.
Investors responded to the news by pushing Coke stock up $1.25, to $51.50, with a little more than a million shares changing hands.
(Her rationale is that the time to buy Coke stock is when the company hits a rough patch.)