Muhtar Kent has had a fascinating career with The Coca-Cola Company. He started working there in 1978 and quickly climbed through the ranks. By 2008, he became the CEO, a role he held until 2017. His journey included significant roles...

Number of Employees

79.1K

Year

2017

Total Compensation

$10.50M

Salary

$1.20M

Board Justification

The compensation philosophy emphasizes pay for performance, aligning executive compensation with the company's long-term growth strategy and shareowner value.

Bonus

$1.80M

Board Justification

Annual incentive based on company performance factor of 80% and individual performance.

Other

$689.87K

Board Justification

Includes company contributions to 401(k) and other benefits.

Restricted Stock

$6.81M(6.81M PSUs)

Board Justification

Performance share units granted in February 2017 that vested based on performance metrics for the 2017-2019 period.

Performance Metrics

The performance metrics for 2017 included profit before tax, net operating revenue, and unit case volume.

SEC Filing

From March 8, 2018

Muhtar Kent

Ex-CEO of Coca-Cola

MK

Education

Not specified

Field of Expertise

Sales & Marketing - Marketing

Born

September 1, 1952 - 72 years ago

Is Founder?

No

Tenure

8 years 10 months (Jul 2008 - May 2017)

Previous Experience

President of the East Central Europe Division, Managing Director of Coca-Cola Amatil Limited-Europe, President and CEO of Efes Beverage Group