David Winters Vindicated As Coke Earnings, Growth Flat?Mark Melin
David Winters, CEO of hedge fund Wintergreen Advisers, was handed a moral victory after his battle to oppose an enhanced pay package for The Coca-Cola Company (NYSE:KO) executives received support from Coke’s largest shareholder Warren Buffett. That public show of support, however, came after the board voted on the executive pay package. Now comes Coke’s earnings and once again Winters position regarding Coke is vindicated, but that and $4 will purchase a cup of coffee at Starbucks Corporation (NASDAQ:SBUX). He may be right . . .
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