Coca-Cola Co. (NYSE: KO) chief executive
Neville Isdell made a cool $21.7 million in 20007, according to a regulatory filing made with the SEC today. The compensation package included a base salary of $1.6 million, $6.6 million from a non-equity inventive plan, $12.6 million in stock and option grants, and $817,066 in other compensation (which included $341,849 in personal use of the company aircraft).
Muhtar Kent is set to succeed Isdell as chief executive and received a 57 percent increase in pay in 2007, making a cool $8.7 million as chief operating officer of Coca-Cola.
All in all, much of this compensation is tied to performance with Coca-Cola's net income rose 18 percent to $5.98 billion on revenues up 20 percent to $28.9 billion. Warren Buffett is the largest holder and is well known for his impeccible corporate governance practices that have led to this strong pay-for-performance trend at this company. Investors can track these compensation amounts, trends and other data at
ExecutiveDisclosure.com.