Coke's CEO makes roughly the same as a wachtell partner
| Well-lubricated plum jewess | 11/18/05 | | Bearded orchestra pit pozpig | 11/18/05 | | Sooty Messiness | 11/18/05 | | vivacious wagecucks | 11/18/05 | | puce racy tank | 11/18/05 | | Emerald shrine | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Emerald shrine | 11/18/05 | | Concupiscible twisted meetinghouse | 11/18/05 | | Turquoise floppy toilet seat | 06/11/06 | | brindle elastic band | 06/11/06 | | Alcoholic Travel Guidebook Temple | 06/11/06 | | Brilliant stirring candlestick maker sandwich | 06/11/06 | | Irradiated Glassy Nowag | 06/24/06 | | ungodly death wish old irish cottage | 03/18/07 | | clear depressive shitlib | 11/18/05 | | Concupiscible twisted meetinghouse | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | vivacious wagecucks | 11/18/05 | | Curious startling church building | 06/11/06 | | Deranged knife | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Concupiscible twisted meetinghouse | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Emerald shrine | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Emerald shrine | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Emerald shrine | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Emerald shrine | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Emerald shrine | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Emerald shrine | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Emerald shrine | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | bull headed onyx brethren | 06/11/06 | | razzmatazz ivory native personal credit line | 06/11/06 | | Irradiated Glassy Nowag | 06/24/06 | | Exciting Dark Piazza | 11/18/05 | | Emerald shrine | 11/18/05 | | razzmatazz ivory native personal credit line | 06/11/06 | | Passionate Erotic Garrison | 06/11/06 | | Peach Address | 06/11/06 | | Bearded orchestra pit pozpig | 11/18/05 | | Glittery Resort | 11/18/05 | | Concupiscible twisted meetinghouse | 11/18/05 | | Deranged knife | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Deranged knife | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Exciting Dark Piazza | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Concupiscible twisted meetinghouse | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Concupiscible twisted meetinghouse | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Emerald shrine | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Emerald shrine | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Emerald shrine | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | Exciting Dark Piazza | 11/18/05 | | Sooty Messiness | 11/18/05 | | charismatic university community account | 11/18/05 | | puce racy tank | 11/18/05 | | Kink-friendly factory reset button | 11/18/05 | | drab vigorous stage boltzmann | 11/18/05 | | mentally impaired abode | 06/24/06 | | puce racy tank | 11/18/05 | | Well-lubricated plum jewess | 11/18/05 | | big massive stage | 11/18/05 | | crimson diverse pisswyrm friendly grandma | 11/18/05 | | swashbuckling painfully honest preventive strike mexican | 06/11/06 | | Exhilarant citrine base weed whacker | 11/18/05 | | Thriller Fanboi | 06/11/06 | | hateful lascivious hominid | 06/11/06 | | Thriller Fanboi | 06/12/06 | | brindle elastic band | 06/11/06 | | Well-lubricated plum jewess | 06/11/06 | | Turquoise floppy toilet seat | 06/11/06 | | Galvanic sound barrier | 06/11/06 | | confused famous landscape painting | 06/11/06 | | Mind-boggling location | 06/11/06 | | confused famous landscape painting | 06/11/06 | | Light Windowlicker | 06/11/06 | | Excitant sneaky criminal | 06/11/06 | | Contagious stead | 06/11/06 | | Bronze laughsome range hunting ground | 03/18/07 | | ungodly death wish old irish cottage | 03/18/07 | | Chestnut odious brunch | 03/18/07 |
Poast new message in this thread
Date: November 18th, 2005 6:30 PM Author: Well-lubricated plum jewess
yet he is pretty much the head guy of coke and wachtell has like what, 100 partners?
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326371) |
 |
Date: November 18th, 2005 6:51 PM Author: Sooty Messiness
actually, about 12 million. he owns about 300k shares, according to this filing linked below, and they trade around 42.
http://finance.yahoo.com/q/ir?s=KO
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326552) |
 |
Date: November 18th, 2005 6:42 PM Author: Concupiscible twisted meetinghouse
He does this all the time.
He talks out of his ass when he doesn't know shit from shitola.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326492)
|
 |
Date: November 18th, 2005 6:39 PM Author: Concupiscible twisted meetinghouse
This is Nasc, right?
Yeah, you're a fucking moron, dude.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326455) |
 |
Date: November 18th, 2005 6:40 PM Author: Well-lubricated plum jewess
coke's ceo = 3.7 million
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326458)
|
Date: November 18th, 2005 6:38 PM Author: Deranged knife
You're an idiot. As others have mentioned, most executives make most of their compensation through stock otpions. How many times do you hear of executives do the $1 dollar a year salary or $100,000............then they walk away with $40 million in sales of company stock.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326445) |
 |
Date: November 18th, 2005 6:48 PM Author: Well-lubricated plum jewess
the point is that one of the most powerful CEO's in the country makes about the same in base salary + bonus as a wachtell partner and even when you consider stock options he makes double.
He's the only CEO of coke, while Wachtell has 80 or so partners.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326532) |
 |
Date: November 18th, 2005 6:57 PM Author: Emerald shrine
what's your definition of power??????????????????????
(I can't wait for you to PWN yourself - in terms of size isn't Coke basically a non-player? are they even fortune 50? i could be wrong, but i'm sure you must have the answer)
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326619)
|
 |
Date: November 18th, 2005 7:02 PM Author: Emerald shrine
AGAIN - does coke make that much money compared to most big businesses with that level of brand recognition? it has a powerful brand, i admit that. what is their fortune ranking?
you are positively retarded.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326683) |
 |
Date: November 18th, 2005 7:08 PM Author: Well-lubricated plum jewess
I'm not sure what you mean by "does coke make that much money compared to most big businesses with that level of brand recognition?"
But they are one of the 100 largest businesses (in terms of worth) in the united states.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326745) |
 |
Date: November 18th, 2005 7:15 PM Author: Emerald shrine
sure it is. choose a better example. that's just fucking random, choosing some company which has one of the top brands in the world, to rank against some law firm. why don't you compare the CEO or partner of one of the big consulting firms to a partner at Wachtell. Then you're talking.
damn you're stupid.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326832) |
 |
Date: November 18th, 2005 7:18 PM Author: Well-lubricated plum jewess
That's all the thread was supposed to be. Comparing a random CEO to a law partner.
It was also supposed to get a rise out of joires.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326854) |
 |
Date: June 24th, 2006 4:38 PM Author: Irradiated Glassy Nowag
IT'S OFFICIAL. Under Cover Gunner is an idiot.
"you need to add in the list of largest private companies. that pushes coke outside the top 100."
The biggest private companies are f'in accounting firms. Are you seriously that stupid?
I mean, seriously.
Sigh.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#6061609) |
 |
Date: November 18th, 2005 7:06 PM Author: Emerald shrine
whoopedido. that means they're a fraction of the size of even the top 20 PRIVATE companies. which means in terms of actual size they are well below top 100 (fortune lists only public companies).
GEE, COKE IS A GREAT BENCHMARK!
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326718) |
 |
Date: June 11th, 2006 5:27 PM Author: Passionate Erotic Garrison
Umm...Coke basically built Atlanta the same way that Carnegie's steel built Pittsburgh.
Being largely responsible for a major U.S. city's existence = power.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#5959982) |
Date: November 18th, 2005 6:39 PM Author: Bearded orchestra pit pozpig
looking it up i see in 2003 he got a "restricted stock award" in the amount of $47,880,000. not much since.
i'm not sure what that is but sounds like a lot of it.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326446) |
 |
Date: November 18th, 2005 6:41 PM Author: Concupiscible twisted meetinghouse
LOL he's so poor
OMG LOL
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326473) |
 |
Date: November 18th, 2005 6:55 PM Author: Well-lubricated plum jewess
I'm not denying that fact.
But I think the difference often gets exaggerated on here.
Also its easier to make partner than it is CEO of a fortune 50 company and you are a partner for a lot longer.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326593)
|
 |
Date: November 18th, 2005 7:00 PM Author: Concupiscible twisted meetinghouse
Okay, but that's for places like Wachtell.
You hvae no shot whatsoever of working there.
HTH.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326649) |
 |
Date: November 18th, 2005 7:15 PM Author: Well-lubricated plum jewess
money managers are more based on what they do on a personal level. Like PI lawyers.
Parterns are more based on what the firm does. Like CEOs.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326827) |
Date: November 18th, 2005 6:53 PM Author: Sooty Messiness
speaking of employee numbers, did you guys know that Berkshire Hathaway, whose market value is 140 billion or so, way higher than Coke, has only about 17 employees???!!! amazing. WSJ reported this.
obviously, this does NOT include employees at the subsidiaries, like Geico, Dairy Queen, or Gen Re. i am talking about actual employees of the holding company.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326577) |
 |
Date: November 18th, 2005 7:22 PM Author: drab vigorous stage boltzmann
THATS SO AMAZING.
Idiot.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326903) |
Date: November 18th, 2005 7:03 PM Author: puce racy tank
I can assure you that the CEO of Coca-Cola corp. makes at least 4-5x times what a Wachtell partner makes, if not more.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326692) |
 |
Date: November 18th, 2005 7:16 PM Author: Well-lubricated plum jewess
then do so.
Even counting his stock options he only made 5.8 million.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4326841) |
Date: November 18th, 2005 7:56 PM Author: crimson diverse pisswyrm friendly grandma
I wish I had gotten in on the ground floor of being surprised that Coke's CEO's accountant is a lot better than the ones the Wachtell guys use.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4327167) |
Date: November 18th, 2005 7:57 PM Author: Exhilarant citrine base weed whacker
In Soviet Russia, coke drinks you!
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#4327170) |
Date: June 11th, 2006 9:47 AM Author: Thriller Fanboi
I'm relatively sure that most Wachtell partners would take an offer to be CEO of Coke in a heartbeat. The difference in overall compensation is simply too large, and to cite compensation numbers that don't include stock options and exit/retirement package is ridiculous.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#5958172) |
 |
Date: June 12th, 2006 1:11 AM Author: Thriller Fanboi
Yes, I know how stock options work and they're not quite as simple as you think. It's not uncommon for companies to use discounted stock options as a vehicle for executive compensation (there's a built-in profit for the exec so long as the price doesn't fall below the discounted price). Plus some of the compensation written into the exit contracts is for outright shares.
Stock options and share grants do give an executive a positive incentive to see the share price increase, but don't think for a second that a CEO is walking away empty handed, even if the stock doesn't rise. Coke actually provides a great example, with the hiring and firing of Doug Ivester a few years ago. He was ousted barely two years into the job and walked away with around $100 million, despite the fact that Coke shares fell during his tenure.
There are certainly valid reasons why one might find being a V1 partner preferable to being a Fortune 100 CEO, but compensation simply isn't one of them.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#5964083) |
Date: June 11th, 2006 9:56 AM Author: brindle elastic band
Besides teh fact he gets considerable stock options, I think most CEOs get huge compensation packages when they leave the company or retire.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#5958180) |
Date: June 11th, 2006 10:53 AM Author: Well-lubricated plum jewess
it was kind of strange to bump a random thread where I was flame baiting joires.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#5958257) |
Date: June 11th, 2006 11:00 AM Author: Galvanic sound barrier
this ceo of coke is relatively new... like a second year partner. let's take a look at what the guy before him was getting.
http://www.responsiblewealth.org/shareholder/2003/Coca-Cola.html
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#5958270) |
Date: June 11th, 2006 12:11 PM Author: confused famous landscape painting
Even if a CEO does make more, so what? Law partners generate every dollar they make. CEO's salaries are set by their friends on the board, and are often far greater than their contribution to the company.
You're comparing the salary of honest people to that of a drug kingpin.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#5958507) |
 |
Date: June 11th, 2006 6:08 PM Author: Light Windowlicker
No, he's right. You were doing fine until: "You're comparing the salary of honest people to that of a drug kingpin."
STFU.
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#5960207) |
 |
Date: June 11th, 2006 11:15 PM Author: Excitant sneaky criminal
"and are often far greater than their contribution to the company."
getting a salary far greater than your contribution to the company = SWEET
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#5962814)
|
Date: June 11th, 2006 11:29 PM Author: Contagious stead
And Google CEOs have a salary of 1 dollar per year
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#5962990) |
 |
Date: March 18th, 2007 10:57 PM Author: Bronze laughsome range hunting ground
How did this thread even get going? Anyone who doesn't know enough to know that a Coke CEO job is better than a Wachtell partner job shouldn't be posting (given, of course, that a WLRK partner position is amazing, but really, you can't even compare it with a Fortune 100 CEO position). Seriously. Recent Coke CEOs have become billionaires from nothing (literally...CEO Goizueta came to the U.S. as a broke immigrant and became a billionaire exclusively through Coke compensation). Other CEOs at Coke and at other big companies have similar stories. Not to mention the perks of corporate jets, company-provided security, MASSIVE bonuses (regularly totaling tens of millions of dollars), and being the head of an international corporation (as opposed to one of many partners at a firm). Someone also mentioned stock options, without realizing that restricted stock (which has value even when the stock goes down) is often a crucial component of their compensation packages. Anyway this thread is amusing but it seems that at least a lot of other people who posted are more aware of reality.
One more thing: the reason Coke isn't in Fortune's top 10 is because it is SO large and powerful (in contrast with what some above people said) that it is broken up into the normal company (KO) and the bottling company (CCE), BOTH of which are Fortune 200 companies. So yeah...do your research (and in case you were wondering, the CCE CEO also makes a shitload more than a Wachtell partner).
(http://www.autoadmit.com/thread.php?thread_id=301384&forum_id=2#7776975) |
|
|