Muhtar Kent and the US$21.6m price of leadership

By: Andy Morton - 1 March 2013 17:22

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, accoring 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.