date:Apr 24, 2014
wont change, moreover, because the deck is stacked against investors when it comes to the CEOs pay.
Last year, Coca-Cola CEO Muhtar Kent was given a pay packages worth $18.2 million, according to an Associated Press analysis. That was a drop of 16 percent from the $21.6 million he earned the previous year, primarily because the company failed to meet its long-term growth targets.
Buffett said he discussed his concerns with Kent, but not until after he voted Berkshires 400 million shares.
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