Muhtar Kent
2009
In 2009, Muhtar Kent earned a total compensation of $18.8M as Chairman of the Board and Chief Executive Officer at Coca Cola, a 16% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $4,019,949 |
|---|---|
| Non-Equity Incentive Plan | $5,500,000 |
| Option Awards | $7,433,790 |
| Salary | $1,200,000 |
| Other | $659,274 |
| Total | $18,813,013 |
Kent received $7.4M in option awards, accounting for 40% of the total pay in 2009.
Kent also received $4M of change in pension value and nonqualified deferred compensation earnings, $5.5M in non-equity incentive plan, $1.2M in salary and $659.3K in other compensation.
Rankings
In 2009, Muhtar Kent's compensation ranked 55th out of 9,885 executives tracked by ExecPay. In other words, Kent earned more than 99.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 55 out of 9,885 | 99th |
Division Manufacturing | 17 out of 3,690 | 100th |
Major group Food And Kindred Products | 1 out of 182 | 100th |
Industry group Beverages | 1 out of 54 | 98th |
Source: SEC filing on March 10, 2011.
Kent's colleagues
We found four more compensation records of executives who worked with Muhtar Kent at Coca Cola in 2009.