Coca-Cola Co. gave Chairman and CEO Muhtar Kent a pay package worth $21.6 million last year, as the world's biggest beverage maker navigated shifting drinking habits in the U.S. and sold more of its drinks overseas.
The compensation is up from the $21.2 million Kent received in 2011, according to an Associated Press analysis.
The bump in pay was mostly the result of Kent's salary of $1.55 million, which was up 15 percent from the previous year. Stock and option awards were about even at $13.1 million.
All other compensation came to $963,816, which included use of the company plane, a car and driver, and contributions to retirement plans.
Copyright 2013 Associated Press. All rights reserved.
Friday, May 24 2013 10:30 PM EDT2013-05-25 02:30:43 GMT
The story is familiar. Students park their cars in a lot at Emory Village, go into a restaurant for lunch, but when they walk out they see a sight that gives them indigestion. "I found my car was booted,"More >
Students have complained that, for years, Alpha Booting Company has swooped in and booted legally parked cars.More >
Friday, May 17 2013 7:16 PM EDT2013-05-17 23:16:53 GMT
One person has died in a crash near Harrisonville, MO, Thursday evening. The crash happened on Missouri Highway 7 and Walker Road. It involved a car and a tractor-trailer. Harrisonville is in Cass County.More >
Savannah Nash celebrated her 16th birthday last week. She died Thursday when her car slammed into a semi while she was texting during her first time driving by herself.More >
Friday, May 24 2013 7:16 PM EDT2013-05-24 23:16:39 GMT
(RNN) – When faced with a cleaver-wielding killer who'd just murdered someone, what would you do? For Ingrid Loyau-Kennet, the answer was obvious. Instead of running for her life, she engaged him inMore >
A British woman voluntarily put herself face-to-face with an alleged terrorist and may have saved lives. More >
Saturday, May 25 2013 10:36 AM EDT2013-05-25 14:36:31 GMT
For the first time in weeks, we're actually not forecasting rain in Atlanta on a weekend. A strong area of high pressure will build into North Georgia and create mostly sunny skies through Memorial Day. TemperaturesMore >
A strong area of high pressure will build into North Georgia and create mostly sunny skies through Memorial Day.More >