“After H.J. Heinz Co. was acquired in 2013 by 3G and Warren Buffett’s Berkshire Hathaway Inc., Coke’s largest shareholder, Mr. Kent circulated an article among top executives. The subject: cost-cutting and firings at the food company. ‘If we don’t do what we need to do quickly, effectively, execute 100%,’ Mr. Kent says he told his executives at the time, ‘then somebody else will come and do it for us.’ . . . . David Winters, chief executive of Wintergreen Advisers, has repeatedly lambasted Coke publicly, calling attention to an executive compensation plan that also drew criticism from Mr. Buffett last year. Mr. Winters has gone so far as to call for Mr. Kent and the board of directors to be replaced.”

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