Warren Buffet Wins A Battle Against Coca-Cola's Plan To Pay Its Bosses $13 Billion (KO)

Coca-Cola has shelved plans to give its top executives up to 340 million shares worth around $13 billion, after investors, including its biggest shareholder Warren Buffet, called the packages "excessive." A Wall Street Journal report details he drinks company has now revised the pay plan and said it will now issue "substantially" fewer shares for long-term equity awards to the top 1% of senior management in favor of cash bonuses and it will also "significantly" reduce the amount of staff receivi...