Muhtar Kent
2008
In 2008, Muhtar Kent earned a total compensation of $22.4M as Chairman of the Board and Chief Executive Officer at Coca Cola, a 93% increase compared to previous year.
Compensation breakdown
| Bonus | $4,500,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,792,762 |
| Option Awards | $10,280,428 |
| Salary | $1,100,000 |
| Stock Awards | $2,999,975 |
| Other | $748,182 |
| Total | $22,421,347 |
Kent received $10.3M in option awards, accounting for 46% of the total pay in 2008.
Kent also received $4.5M in bonus, $2.8M of change in pension value and nonqualified deferred compensation earnings, $1.1M in salary, $3M in stock awards and $748.2K in other compensation.
Rankings
In 2008, Muhtar Kent's compensation ranked 65th out of 9,135 executives tracked by ExecPay. In other words, Kent earned more than 99.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 65 out of 9,135 | 99th |
Division Manufacturing | 15 out of 3,436 | 100th |
Major group Food And Kindred Products | 1 out of 182 | 100th |
Industry group Beverages | 1 out of 60 | 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 2008.