Blog: Muhtar Kent and the US$21.6m price of leadership
Andy Morton | 1 March 2013
It was a good 2012 for Muhtar Kent, who was paid US$21.6m for his position at the helm of The Coca-Cola Co, according to AP today (1 March).
It was $400,000 more than he got the year before, AP said, mainly because of the increase in basic salary Coca-Cola furnished him with. Perhaps the company knows just how tough it must be to run a soft drinks company these days, with pressures over obesity issues increasing and sugar prices ruining margins.
For that sort of pay packet, though, I'm sure there's a few people out there who'd be willing to give it a go.
Here's a round-up of the top stories on just-drinks last week, featuring PepsiCo and Coca-Cola Co, Castel, Molson Coors and the cachaca sector....
There was a big focus on supermarkets and their Scotch offerings this week when a couple of own-brand malts scooped top awards at the International Wines and Spirits Competition (IWSC)....
You can't seem to move at the moment for news of US craft brewers expanding....
Here's a round-up of the top stories on just-drinks last week, featuring Coca-Cola Life, Australian Vintage, Pernod Ricard and BrewDog....
- Analysis - SABMiller's Australian issues continue
- just The Preview - Diageo's FY preliminaries
- Focus - SABMiller's Q1 Performance by Region
- PepsiCo to consider more re-franchising - CEO
- Brazil could have been worse - Coca-Cola Co CEO
- Diageo's Captain Morgan Facebook ad banned
- Diageo silent over Shuijingfang writedown report
- Sales, profits fall at Moet Hennessy in H1
- Champagne Nicolas Feuillatte appoints new CEO
- Molson Coors CEO to retire