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...
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 upward trajectory in his career. Since 2018, Katz has been a key player in steering the company, which is the largest Coca-Cola bottler in the United States. Katz's total compensation for the fiscal year 2023 was around $7.48 million, which included a salary of $980,045 and a performance-based bonus of $1,968,884. He has a notable knack for driving performance, as evidenced by his impressive bonus tied to hitting corporate goals. Under Katz's oversight, the company emphasizes metrics like EBIT, Free Cash Flow, and Revenue—key indicators of financial health—defining the pathways to achieving significant bonuses. Interestingly, he received a salary boost to $700,000 in 2019 when he was promoted, highlighting the company's commitment to rewarding talent. His career at Coca-Cola Consolidated, which began in 2016, has reflected a focus on cash compensation rather than stock options or vested stock, pointing to a strategy that emphasizes solid performance and immediate results.