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Coca-Cola's Top Executives

The Executives and Directors of the Coca-Cola Company understand the incredible harm their policies are doing to workers, the environment and to children throughout the world, yet they continue without conscience in their ruthless quest for profits.

Mutar Kent

Muhtar Kent
Chairman of the Board and Chief Executive Officer
The Coca-Cola Company

  • Bilderberg Group, Attendee
  • US-China Business Council, Board member
  • 3M Company, Board member

Compensation:

2015 - $14,590,571
2014 - $25,224,422
2013 - $20,380,660
2012 - $30,460,186
2011 - $29,115,573
2010 - $24,782,017
2009 - $18,813,013
2008 - $22,421,347

Muhtar Kent followed in the footsteps of previous Board Chairman and CEO E. Neville Isdell by repeatedly lying to shareholders present at the April 2010, 2011, 2012, 2013, 2014 annual meetings and many others watching the meetings on webcasts.

At these annual meetings, Kent typically responds to questions raised by Campaign Director Ray Rogers by first stating that Rogers's accusations are "unfounded;" that his accusations have "no merit" and that there is no truth to issues raised regarding Colombia, Guatemala, Mexico, El Salvador and racial discrimination in the U.S.

However, each year Kent has been taken to task by several reporters in Mexico because there are outstanding labor and criminal lawsuits by a former 16-year employee and top marketing executive of The Coca-Cola Co. The plaintiff, Angel Alvarado Agüero, alleges that the company pressured him to act illegally to destroy all competition at the 700,000 mom and pop stores in Mexico. When he refused, he was forcibly and unjustifiably dismissed and denied substantial compensation owed to him. In the past, Coke had been fined millions of dollars for engaging in similar monopolistic activity in Mexico.

But even worse, this case highlights how The Coca-Cola Company and its wholly owned subsidiary, The Coca-Cola Export Corp., conspired to illegally cheat Mexican workers out of hundreds of millions of dollars in pay and profit sharing and the Mexican government out of millions in tax revenues.

In addition, Kent stated that all court cases have been dismissed, yet there is an outstanding case that was filed in the State Supreme Court of New York on February 25, 2010, accusing Coke and its operations in Guatemala of murder, rape and attempted murder directed at union leaders and family members.

Because of Kent's lies with respect to Mexico, Ray Rogers filed a whistleblower complaint with the Securities & Exchange Commission (SEC) accusing Muhtar Kent of committing actionable fraud on the market by instigating and continuing a cover-up of factual information concerning a series of lawsuits and investigations by Mexican regulators against the company. These actions, festering in Mexico for the past several years, could have a material effect, well into the billions of dollars, and negatively impact the company's share price and brand value.

Unfortunately, labor, human rights and environmental abuses throughout The Coca-Cola System continue to pile up worldwide.

SEC Complaint against Coca-Cola and two Updates: http://killercoke.org/complaint_filed_with_sec_regarding_mexico.php

Muhtar Kent and Insider Stock Trading:

It should be noted that Kent was implicated in an insider trading scandal. According to TheStreet.com (1/20/06):

"It seems that in the fall of 1996, as a managing director of Coca-Cola Amatil-Europe, Kent sold short 100,000 shares of the bottler - just before a profit warning clipped the stock. Kent said back then that he believed the sale was legal and that he hadn't been influenced by any information about Amatil's results.

"Australian regulators didn't see it that way. So the next year, Kent settled an insider trading complaint with the Australian Securities Commission. Without admitting wrongdoing, Kent agreed to repay about $400,000 in profit from the transaction, plus $50,000 to help cover the cost of the investigation.

"Kent resigned from Amatil in September 1997. "He thought it was in his and the company's best interests," his spokesman told Sydney's Daily Telegraph at the time...

"'This was neither an insider issue nor were any company rules violated,' a Coke spokesman told The Wall Street Journal. 'It basically was a situation where Muhtar was provided with incorrect financial advice. When he discovered it was incorrect he moved immediately to remedy the situation.'

"You aren't alone if you find that explanation a little flat."

Alexander B. Cummings

Alexander B. Cummings (Retired 2016)
Chief Administrative Officer
Executive Vice President
The Coca-Cola Company

Compensation:

2015 - N/A
2014 - N/A
2013 - N/A
2012 - N/A
2011 - N/A
2010 - N/A
2009 - $8,178,662
2008 - $8,040,998

  • Chevron Corporattion, Director
  • African Leadership Foundation, Director
  • CARE USA, Director
  • Coca-Cola Bottling Co. Consolidated, Director
  • Clark Atlanta University, Trustee
  • S.C. Johnson & Son, Inc., Director
J. Alexander M. Douglas, Jr.

J. Alexander M. Douglas, Jr.
Executive Vice President and President
Coca-Cola North America

Compensation:

2015 - $7,469,704
2012 - N/A
2011 - N/A
2010 - $7,100,257

  • American Beverage Association, Board member
  • Grocery Manufacturers Association, Board member
  • Morehouse College, Board member
Gary P. Fayard

Gary P. Fayard (Retired 2014)
Chief Financial Officer
Executive Vice President
The Coca-Cola Company

Compensation:

2012 - $8,222,962
2011 - $8,524,572
2010 - $8,268,766
2009 - $5,755,536
2008 - $7,123,004

  • Coca-Cola FEMSA, Board member

Fayard was also a director of Colombian bottler Panamco prior to Panamco's merger with Coca-Cola FEMSA. Prior to joining the Company, Fayard served 19 years with Ernst & Young, concluding his service there as a partner, area director of audit services, and area director of manufacturing services. Ernst & Young are now Coca-Cola's "independent" auditors.

Irial Finan

Irial Finan
President, Bottling Investments Group
Executive Vice President
The Coca-Cola Company

Compensation:

2015 - $9,194,704
2014 - $8,236,901
2013 - N/A
2012 - N/A
2011 - N/A
2010 - N/A
2009 - $8,951,963
2008 - $6,342,026

  • Coca-Cola FEMSA, Board member
  • Coca-Cola Hellenic Bottling Company SA, Board member
  • National University of Ireland Galway Foundation, Board member
  • Co-operation Ireland, non-executive director 
  • Coca-Cola East Japan, Board member
James Quincy

James Quincy
President
Chief Operating Officer
Will become CEO on May 1, 2017
Involved in ongoing Angel Alvarado/SIAAGSA scandal in Mexico
Visit: http://www.killercoke.org/crimes_mexico.php

 

 
Kathy Waller

Kathy Waller
Executive Vice President
Chief Financial Officer

Compensation:

2015 - $5,732,046



E. Neville Isdell

E. Neville Isdell
Former Chairman & CEO

Compensation:

2006-2008
More than $87.5 million