Are shareholders getting back the drive in the Battle Against Coca-Cola’s Plan To Pay Its Bosses $13 B ?

Are shareholders getting back the drive in the Battle Against Coca-Cola’s Plan To Pay Its Bosses $13 B ?

Coca-Cola has shelved plans to give its top executives up to 340 million shares worth around $13 billion, after investors, including its biggest shareholder Warren Buffett, called the packages “excessive.”
The drinks company has now revised the pay plan and said it will now issue “substantially” fewer shares for long-term equity awards to the top 1% of senior management in favor of cash bonuses and it will also “significantly” reduce the amount of staff receiving stock options.

http://www.businessinsider.com/warren-buffet-v-coca-cola-plan-to-pay-executives-13-billion-2014-10?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s