David Winters: "Troubling" That Barry Diller Does Not Understand Coke Proxy Statement

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Mark Melin
Published on
Updated on

Coca-Cola board member and IAC Chairman Barry Diller apparently doesn’t like to read the fine print. One little noticed aspect of Diller’s appearance on CNBC Squawk Box yesterday were his comments on Coke’s controversial executive compensation.  Diller said that it was “weird” that people thought Coke management was going to be granted stock-based bonuses over a short four-year period of time. “Coca-Cola had no intention of giving them over a four-year period,” Diller said.  “They were going to give them over at least ten and maybe a twenty year period.” David Winters responds Problem is, Diller didn’t apparently entirely understand the…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.