Muhtar Kent
2007
In 2007, Muhtar Kent earned a total compensation of $11.6M as Chairman of the Board and Chief Executive Officer at Coca Cola, a 84% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,125,995 |
|---|---|
| Non-Equity Incentive Plan | $3,797,500 |
| Option Awards | $2,924,141 |
| Salary | $1,000,000 |
| Stock Awards | $1,999,995 |
| Other | $749,353 |
| Total | $11,596,984 |
Kent received $3.8M in non-equity incentive plan, accounting for 33% of the total pay in 2007.
Kent also received $1.1M of change in pension value and nonqualified deferred compensation earnings, $2.9M in option awards, $1M in salary, $2M in stock awards and $749.4K in other compensation.
Rankings
In 2007, Muhtar Kent's compensation ranked 221st out of 8,700 executives tracked by ExecPay. In other words, Kent earned more than 97.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 221 out of 8,700 | 98th |
Division Manufacturing | 59 out of 3,314 | 98th |
Major group Food And Kindred Products | 6 out of 185 | 97th |
Industry group Beverages | 3 out of 54 | 94th |
Source: SEC filing on March 5, 2010.
Kent's colleagues
We found three more compensation records of executives who worked with Muhtar Kent at Coca Cola in 2007.