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Coca-Cola CEO Gets $18.1M After Company Fails to Meet Targets | Food Manufacturing

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CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in March
by CANDICE CHOI, AP Food Industry Writer

NEW YORK (AP) — Coca-Cola CEO Muhtar Kent was given a pay package worth $18.1 million last year after the world's biggest beverage company failed to meet its own growth targets.

The compensation is on par with the $18.2 million Kent received in 2013, according to a filing Thursday with the Securities and Exchange Commission. The pay package for 2014 would have been higher if Kent had accepted a $2.5 million cash performance bonus.

http://www.foodmanufacturing.com/news/2015/03/coca-cola-ceo-gets-181m-after-company-fails-meet-targets
 

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