Coca-Cola Points Out Winters' Overstated Case, Incorrect Calculation

Coca-Cola is engaged in an aggressive campaign to counter statements made by activist investor David Winters. The firm contacted ValueWalk to counter statements made by Winter, saying Winters has overstated his case and pointing out the goal of the Coke board fully backs the compensation plan and the goal is to “encourage employees to act like owners.” As reported Tuesday morning, Activist investor David Winters’ fight with The Coca-Cola Company (NYSE:KO)’s board of directors over management compensation just received a new ally in the Ontario Teachers Pension Plan.  Winters had said that Coca-Cola was engaged in an “informational shell game.” Winters…