Sundar PichaiSundar Pichai earned $164M in 2023

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...

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Muhtar Kent

Ex-CEO of Coca-Cola

Education

Not specified

Field of Expertise

Sales & Marketing - Marketing

Sector of Economy

Consumer Defensive

Born

September 1, 1952 - 72 years ago

CEO of Coca-Cola for

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

Holdings

See how much did Muhtar Kent make over time.

Muhtar Kent had moments when his wealth was closely tied to Coca-Cola’s stock. At his peak, his shareholdings were substantial and reflected his commitment to the company. He set ambitious targets for himself, including owning shares worth eight times his...

Mar 18, 2025

Charitable Transactions

KO

653,513 shares

KO

Recent Charitable Transactions

KO

109,213 shares

KO

Aug 1, 2018

Charity

KO

120,508 shares

KO

Aug 10, 2017

Charity

KO

147,792 shares

KO

Nov 4, 2016

Charity

KO

134,000 shares

KO

Nov 16, 2012

Charity

KO

129,000 shares

KO

Sep 17, 2012

Charity

KO

6,500 shares

KO

Jul 26, 2011

Charity

Insider Trading

See recent insider trades of Muhtar Kent.

MMM

$38.75K

MMM at $105.33/share

Apr 28, 2023

Received

MMM

$38.75K

MMM at $113.55/share

Jan 27, 2023

Received

MMM

$38.75K

MMM at $122.80/share

Oct 28, 2022

Received

MMM

$38.75K

MMM at $140.37/share

Jul 29, 2022

Received

MMM

$185.00K

MMM at $152.38/share

May 10, 2022

Received

MMM

$38.75K

MMM at $147.14/share

Apr 29, 2022

Received

MMM

$185.00K

MMM at $207.33/share

May 11, 2021

Received

MMM

$38.75K

MMM at $183.42/share

Jan 29, 2021

Received

MMM

$38.75K

MMM at $158.48/share

Oct 30, 2020

Received

MMM

$38.75K

MMM at $152.12/share

Jul 31, 2020

Received

Compensation History

See how much did Muhtar Kent make over time.

Muhtar Kent's compensation as CEO included a mix of salary, bonuses, and stock options. In 2016, he earned about $17 million, which dropped to about $14.7 million in 2017. This change highlights the volatility often tied to executive pay, especially in big companies. His salary was around $1.2 million a year during his tenure, with performance bonuses that could significantly increase his total earnings. However, not all stock grants vested, reflecting a pay-for-performance philosophy where he needed to meet specific targets to earn the full potential. Kent's decision to decline a $2.5 million bonus in 2014 showcased his long-term vision over short-term incentives. His pay ties closely to Coca-Cola’s performance, underlining an approach to executive compensation that encourages alignment with shareholder interests.

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.