Sundar PichaiSundar Pichai earned $164M in 2023

David M. Katz is the President and Chief Operating Officer of Coca-Cola Consolidated, Inc., a position he has held since December 31, 2018. Prior to this role, he served as Executive Vice President and Chief Financial Officer, showing a solid...

Quick Links
C

David M. Katz

CEO of Coca-Cola Consolidated, Inc.

Sector of Economy

Consumer Defensive

Born

July 30, 2024 - 0 years ago

CEO of Coca-Cola Consolidated, Inc. for

6 years 6 months (Dec 2018 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of David M. Katz

Holdings

See how much did David M. Katz make over time.

David Katz's holdings in Coca-Cola Consolidated, Inc. reflect a strong commitment to the company. His financial standing is closely tied to his role, with data showing significant performance-based compensation instead of stock options or long-term vested stock. In 2019, he...

Loading...

Insider Trading

See recent insider trades of David M. Katz.

No insider trades found for this CEO.

Compensation History

See how much did David M. Katz make over time.

In 2023, David Katz's total compensation from Coca-Cola Consolidated was approximately $7.48 million. This figure includes a base salary of about $980,045, along with a performance bonus that nearly doubled his salary at $1,968,884, showcasing his ability to meet and exceed corporate targets. The company adopted a clear philosophy in its compensation strategy—rewarding executives based on performance metrics that matter. Katz's approach is calculated and centered around cash payments that link his compensation directly to the operational success of the company. His financial rewards stem from achieving ambitious corporate goals, indicating a real correlation between his leadership decisions and results achieved. This strategy also reveals a commitment to prioritize immediate financial performance while driving overall company growth. Notably, he has yet to receive stock grants or options, depicting a linear focus on cash-driven performance incentives rather than equity stakes.

Year

2023

Total Compensation

$3.59M

Salary

$980.05K

Board Justification

The compensation philosophy aims to attract and retain executive talent while aligning compensation with company performance and stockholder interests.

Bonus

$1.97M

Board Justification

The bonus is based on the achievement of corporate performance goals and individual performance for the fiscal year 2023, calculated using a target bonus percentage of 100% of base salary and an overall goal achievement factor of 137.5%.

Other

$639.55K

Board Justification

Other compensation includes contributions to defined contribution plans, life insurance, tax gross-ups, an executive allowance, and personal use of corporate aircraft.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

The performance metrics include EBIT, Free Cash Flow, and Revenue, which are key measures for determining the annual bonus.

Other Coca-Cola Consolidated, Inc. CEOs

Here are other CEOs of Coca-Cola Consolidated, Inc.