Coca‐Cola’s certified ballot results, filed with the SEC on 4/23/14, show that fewer than half of Coca‐Cola’s total outstanding shares (2.19 billion out of 4.40 billion) were voted in favor of the 2014 equity plan. Coca-Cola does not publish voting percentages based on total outstanding shares, as they had done in the past.
Ahead of the Coca-Cola Company (NYSE:KO) annual shareholders’ meeting tomorrow, April 23, David Winters, CEO of Wintergreen Advisers, wrote a letter intended for all Coca-Cola shareholders.
As investors continue to prepare to cast their proxy ballots ahead of the Coca-Cola Company annual shareholders’ meeting on April 23, David Winters, CEO of Wintergreen Advisers, sent a second letter to Coca-Cola’s largest shareholder, Warren Buffett, CEO of Berkshire Hathaway.
As investors prepare to cast their proxy ballots ahead of the Coca-Cola Company (NYSE:KO) annual shareholders’ meeting on April 23, David Winters, CEO of Wintergreen Advisers, today sent the following letter to Coca-Cola’s top 25 institutional shareholders, urging them to carefully review the Coca-Cola 2014 equity plan before they vote.
Wintergreen Advisers, LLC, which on behalf of its clients beneficially owns over 2.5 million shares of The Coca-Cola Company (“Coke”), (NYSE: KO), today announced it will hold an informational webcast regarding Coke’s 2014 Equity Compensation Plan, which is now before shareholders for approval.
- Bloomberg, “Coca-Cola Cuts CEO Kent’s Pay After Revamping Equity Program”
- The Wall Street Journal, “What Is Coke CEO’s Solution for Lost Fizz? More Soda,” By Mike Esterl
- Seeking Alpha, “CEO Pay At Coca-Cola: Up Or Down?” By Paul Hodgson
- David Winters discusses Coca-Cola’s secret “bonus shares” with Maria Bartiromo on Fox Business
- Benefit of Coca-Cola’s Equity Compensation Guidelines Enacted After Public Pressure from Wintergreen Advisers: $6.6 billion to $21 billion
- Wintergreen Advisers Comments on Shareholder Opposition to Coca-Cola’s Executive Pay
- Wintergreen Advisers Cites Changes in Coca-Cola Proxy, But Big Issues Remain
- Wintergreen Advisers Poses Questions for Coca-Cola