Wintergreen tees up issue of Coca-Cola's executive pay

|About: The Coca-Cola Company (KO)|By:, SA News Editor

Wintergreen Advisers has sent a letter to the board of Coca-Cola (KO) to protest the company's proposed 2014 equity plan for top execs.

"If approved, this plan in conjunction with previous equity compensation plans, will dilute existing shareholders by a company estimated 14.2 percent," laments Wintergreen in its note.

Wintergreen reportedly sent a separate letter to Coca-Cola backer Warren Buffett on the issue.

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