Outgoing Coca-Cola CEO given pay package of ₹106 crore
Coca-Cola CEO Muhtar Kent, who is stepping down in May, received compensation worth $16 million (over ₹106 crore) in 2016. The compensation is an increase from the $14.6 million (around ₹97 crore) he received in the year-ago period. Kent, who has been the beverage giant's CEO since 2008, will continue serving as the board chairman.