Coca-Cola Co. gave its CEO a pay package worth $21.2 million last year, up 10 percent from the previous year, as the world's biggest soda maker sold more of its drinks and expanded overseas.
By Candice Choi|March 09, 2012 at 07:12 AM
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NEW YORK (AP) — Coca-Cola Co. gave its CEO a pay package worth $21.2 million last year, up 10 percent from the previous year, as the world’s biggest soda maker sold more of its drinks and expanded overseas.
The raise for Muhtar Kent was largely the result of his stock and option awards, which rose to $13.1 million from $10.8 million. His base salary also rose, to $1.35 million from $1.2 million in 2010.
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