David Winters is not giving up.
When the founder of Wintergreen Advisors initially waged a campaign against The Coca-Cola Company (NYSE:KO)’s compensation plan, as reported in ValueWalk institutional investors were whispering behind the scenes that Winters was correct, but few publically announced their support for Winters. We now know that major institutions voted against Coke management, contrary to the company’s public comments.
Emboldened by institutional support to take on Coke management, Winters today is renewing his his call on Coke to abandon its 2014 executive compensation plan.
“When large shareholders reject your plan, a responsible company should take pause,” Winters said in a statement released today.
Wintergreen’s David Winters: Institutional shareholders voting against the proposal
In his statement Winters refers to a New...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
