Seeking Alpha

Winters unveils FixBigSoda.com

  • Wintergreen Advisors CEO David Winters shared his 11-point plan with Coca-Cola's (NYSE:KO) largest owners earlier this month, and makes it available to the public today on FixBigSoda.com.
  • Among the items are improving margins ("stuck at 26% for the past three years"), a laser-like focus on costs, an increased pace of bottler refranchising, no more attempts to buy growth, and - of course - suggestions on improving corporate governance.
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Comments (19)
  • believer18
    , contributor
    Comments (203) | Send Message
     
    Hope it happens!
    23 Jul 2014, 04:16 PM Reply Like
  • NLTInvestor
    , contributor
    Comments (354) | Send Message
     
    stupid how coke compensation package got passed through. think buffet really lamed out on not voting
    23 Jul 2014, 04:17 PM Reply Like
  • psychological-dividends
    , contributor
    Comments (816) | Send Message
     
    God, will this guy ever shut up? We get it, you don't like the compensation package.

     

    People (especially myself) just not can not disagree agreeably, can they?
    23 Jul 2014, 04:30 PM Reply Like
  • psychological-dividends
    , contributor
    Comments (816) | Send Message
     
    oops double negative
    23 Jul 2014, 05:17 PM Reply Like
  • NLTInvestor
    , contributor
    Comments (354) | Send Message
     
    dude he's informing retail investors who don't keep track on their stock to vote a certain way. nothing wrong with that and i agree that coke management is lame and buffet should've voted instead of abstaining

     

    don't know why buffet even CARES about what management thinks of him.
    23 Jul 2014, 05:34 PM Reply Like
  • slcUTAH
    , contributor
    Comments (542) | Send Message
     
    Buffet didn't vote because he wants to take Coke private. [cough- cough] Before Buffet gets his the KO execs need to get theirs. [cough-cough]

     

    -Cheers.
    23 Jul 2014, 05:39 PM Reply Like
  • NLTInvestor
    , contributor
    Comments (354) | Send Message
     
    Lol buffets not going to take KO private. his cash position is $40 billion. he hates debt. pretty sure he's not going to lever his 40 billion in cash at a 4:1 ratio to buy ko (excluding net debt don't know what ko net debt is)

     

    and plus don't forget shareholders probably wan't a premium with ko
    23 Jul 2014, 06:03 PM Reply Like
  • psychological-dividends
    , contributor
    Comments (816) | Send Message
     
    This isn't David Winters 15 minutes of fame?
    23 Jul 2014, 07:34 PM Reply Like
  • purpleboarder
    , contributor
    Comments (329) | Send Message
     
    Buffet cares because his fiends are on the board. His silence on the compensation was deafening, and lame.
    23 Jul 2014, 08:02 PM Reply Like
  • DanielJRoche
    , contributor
    Comments (307) | Send Message
     
    Yes, Warren Buffett and his friends in the international conspiracy intend to pump coca-cola full of fluoride and thus rob the american ppl of their precious bodily fluids.
    24 Jul 2014, 06:23 AM Reply Like
  • AaronFunding
    , contributor
    Comments (1387) | Send Message
     
    his fiends are on the board
    ============

     

    Buffets SON is on the board
    27 Jul 2014, 08:39 PM Reply Like
  • Scenic Dr
    , contributor
    Comments (165) | Send Message
     
    I appreciate David Winters take on KO and his suggested solutions! Thanks for taking the time to do this for KO shareholders!!!
    23 Jul 2014, 04:49 PM Reply Like
  • Jason Merriam
    , contributor
    Comments (861) | Send Message
     
    Interesting that Winters blasts KO's stake in GMCR as over-valued attempt to buy growth.
    23 Jul 2014, 05:00 PM Reply Like
  • Rudester
    , contributor
    Comments (2930) | Send Message
     
    I know how I'm voting on the next proxy I receive.
    23 Jul 2014, 05:12 PM Reply Like
  • slcUTAH
    , contributor
    Comments (542) | Send Message
     
    I, for one, believe Winters' points are very reasonable and achievable. That said, I really doubt Coca Cola's execs do anything that Winters recommends. It appears KO shareholders are not on the top of the list. Hopefully Buffet, Winters and the rest of the big guns can convince Coke to reconsider the insane "money grab" package ASAP.
    23 Jul 2014, 05:14 PM Reply Like
  • xbureaurat
    , contributor
    Comments (244) | Send Message
     
    I was one of the minority who voted against the KO compensation plan.

     

    I realize a lot of people would say to the people who complain about the compensation plan why don't you just sell your shares and move on. The
    problem is many KO investors are long term holders who have substantial capital gains and cannot sell the stock without incurring a substantial tax bill. Sometimes you have to just hold the stock and fight the good fight.

     

    I'll never understand why WB did not vote against the plan if he did not agree with it. Trying to fight it after it passed is much more difficult.
    23 Jul 2014, 05:25 PM Reply Like
  • Scenic Dr
    , contributor
    Comments (165) | Send Message
     
    He abstained because his son sits on the KO board and his son voted in favor of the deal.
    23 Jul 2014, 11:18 PM Reply Like
  • sethmcs
    , contributor
    Comments (3489) | Send Message
     
    Shocking is the fact KO had a poor quarter and PEP did well.
    23 Jul 2014, 11:22 PM Reply Like
  • Jason Merriam
    , contributor
    Comments (861) | Send Message
     
    sethmcs,

     

    Hooray for salty snacks!
    23 Jul 2014, 11:51 PM Reply Like
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