J. Frank Harrison, III is the CEO and Chairman of Coca-Cola Consolidated, a big player in the bottling world since 1994 and a solid part of the Coca-Cola family. He has been at the company for over four decades, joining...

J. Frank Harrison, III is the CEO and Chairman of Coca-Cola Consolidated, a big player in the bottling world since 1994 and a solid part of the Coca-Cola family. He has been at the company for over four decades, joining in 1977. His long history gives him a unique insight into the company’s operations and culture. J. Frank knows the ins and outs of the business, which allows him to lead effectively and make smart decisions. Under his leadership, the company has seen significant financial growth. For example, in 2017, his total compensation was over $11 million, showing how his performance is tied to the company’s success. Moreover, as of September 2024, his insider trading data shows his holdings fluctuating, peaking at around $103.57 million in value, demonstrating trust in the company’s future. Being part of the founding family gives him a vested interest in Coca-Cola Consolidated, and it’s clear he plays a key role in its direction and future growth.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Coca-Cola Consolidated, Inc. CEOs

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J. Frank Harrison, III

Ex-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

10 years 6 months (Apr 2008 - Nov 2018)

Previous Experience

Unknown

Rivals

Competitors/colleagues of J. Frank Harrison, III

Holdings

See how much did J. Frank Harrison, III make over time.

J. Frank Harrison, III’s holdings have seen interesting variance. In December 2023, the value of his holdings reached approximately $71.37 million. However, it hit its peak in September 2024 at around $103.57 million, showing a significant increase in trust and...

J. Frank Harrison, III’s holdings have seen interesting variance. In December 2023, the value of his holdings reached approximately $71.37 million. However, it hit its peak in September 2024 at around $103.57 million, showing a significant increase in trust and value in the company. His wealth largely comes from Coca-Cola Consolidated stock, where he has a substantial stake. This fluctuating growth reflects both his confidence in the company's direction and the overall health of the bottling business.

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Insider Trading

See recent insider trades of J. Frank Harrison, III.

COKE

$1.82K

COKE at $907.98/share

Dec 18, 2023

Small Acquisition

COKE

$1.71K

COKE at $856.00/share

Dec 18, 2023

Purchase

Compensation History

See how much did J. Frank Harrison, III make over time.

In terms of compensation, J. Frank Harrison, III has consistently earned high numbers reflecting his pivotal role. In 2018, he made over $11 million, with most of that being performance-related pay. His salary and bonuses are tied closely to the company’s performance metrics like revenue and net debt reduction, which ensures he pushes for success. His compensation shows that the company places significant value on leadership that drives results.

Year

2018

Total Compensation

$12.57M

Salary

$1.12M

Board Justification

The compensation philosophy emphasizes competitive compensation to attract and retain executive talent, aligning with company performance and stockholder interests.

Bonus

$979.75K

Board Justification

The bonus is based on the performance under the 2018 Annual Bonus Plan, calculated using a target bonus percentage of 100% of base salary and an overall goal achievement factor of 86.75%.

Other

$1.85M

Board Justification

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

Restricted Stock

$8.62M(34.7K performance units)

Board Justification

The vested performance units for 2018 were calculated based on the achievement of corporate performance goals under the Annual Bonus Plan, with 34,700 units vesting out of a maximum of 40,000 units.

Performance Metrics

The performance metrics for determining the bonus included Earnings Before Interest and Taxes, Net Debt Reduction, and Revenue.

Other Coca-Cola Consolidated, Inc. CEOs

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

David M. Katz

CEO of Coca-Cola Consolidated, Inc.

December 2018 - Present