CEPR logo

Fact-based, data-driven research and analysis to advance democratic debate on vital issues shaping people’s lives.

Center for Economic and Policy Research
1611 Connecticut Ave. NW
Suite 400
Washington, DC 20009

Tel: 202-293-5380
Fax: 202-588-1356
https://cepr.net

Close

On This Page

That what readers of Andrew Sorkin’s column on management bonuses at Coca-Cola will be asking. Sorkin cites analysis from money manager David Winters showing that Coca-Cola has set aside $24 billion as bonuses for senior management in recent years. The 2013 set asides alone came to an average of more than $2 million for each eligible person.

Richard M. Daley is a director of Coca-Cola. As a director it is his job to make sure that management does not rip off shareholders by paying themselves excessive salaries. He was paid almost $180,000 last year for his work as a director. People may be asking now what exactly he did for this money.