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Coca-Cola Executive Compensation (FY25)

KO · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 1, 2026
297 figures on this page: 288 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
James Quincey, Chairman of the Board and Chief Executive Officer, received $31,208,165 in total compensation for fiscal 2025, and Quincey's total moved 11.4% higher from the $28,002,284 reported for fiscal 2024. For fiscal 2025, the company reported a chief executive pay ratio of 1,739:1, against median employee compensation of $17,947. The say-on-pay proposal drew 90.8% of votes cast for or against in favor at the meeting held April 29, 2026 for fiscal 2025. Companies named in the disclosed peer group include Abbott Laboratories, Archer-Daniels-Midland Company, Colgate-Palmolive Company, Danone S.A. and Intel Corporation, among others.
Chief executive, fiscal 2025
◇
James Quincey
Latest say-on-pay support
=
April 29, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — James Quincey: $28,002,284 → $31,208,165 (11.4% higher)
Say-on-pay support: 91.8% → 90.8% (1.0 points lower)
CEO pay ratio: 1,980:1 → 1,739:1 (12.2% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Coca-Cola's chief executive and what were they paid?
James Quincey, Chairman of the Board and Chief Executive Officer, received $31,208,165 in total compensation for fiscal 2025. Quincey's total moved 11.4% higher from the $28,002,284 reported for fiscal 2024.
What was Coca-Cola's say-on-pay result?
The say-on-pay proposal drew 90.8% of votes cast for or against in favor at the meeting held April 29, 2026 for fiscal 2025.
Which companies are in Coca-Cola's peer group?
Companies named in the disclosed peer group include Abbott Laboratories, Archer-Daniels-Midland Company, Colgate-Palmolive Company, Danone S.A. and Intel Corporation, among others.
What is Coca-Cola's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 1,739:1, against median employee compensation of $17,947.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Quincey
Chairman of the Board and Chief Executive Officer
◇—◇◇◇◇◇◇
John Murphy
President and Chief Financial Officer
◇—◇◇◇◇◇◇
Manuel Arroyo
Executive Vice President and Global Chief Marketing Officer
◇—◇◇◇◇◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Quincey
Chairman of the Board and Chief Executive Officer
◇◇◇◇◇◇◇◇
John Murphy
EVP & President, Intl Dev
◇◇◇◇◇◇◇◇
Henrique Braun
Executive Vice President and President, International Development
◇◇◇◇◇◇◇◇
Manuel Arroyo
Executive Vice President and Global Chief Marketing Officer
◇◇◇◇◇◇◇◇
Jennifer Mann
Executive Vice President and President, North America operating unit
◇◇◇◇◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Quincey
Chairman of the Board and Chief Executive Officer
◇◇◇◇◇◇◇◇
Manuel Arroyo
Executive Vice President and Global Chief Marketing Officer
◇◇◇◇◇◇◇◇
John Murphy
President and Chief Financial Officer
◇◇◇◇◇◇◇◇
Henrique Braun
Executive Vice President and President, International Development
◇◇◇◇◇◇◇◇
Jennifer Mann
Executive Vice President and President, North America operating unit
◇◇◇◇◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Quincey
Chairman of the Board and Chief Executive Officer
◇◇◇◇◇◇◇◇
John Murphy
President and Chief Financial Officer
◇◇◇◇◇◇◇◇
Henrique Braun
Executive Vice President and Chief Operating Officer
◇◇◇◇◇◇◇◇
Jennifer Mann
Executive Vice President and President, North America operating unit
◇◇◇◇◇◇◇◇
Manuel Arroyo
Executive Vice President and Chief Marketing Officer
◇◇◇◇◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Henrique BraunPSU◇◇◇◇◇—◇
Henrique BraunOPTION◇——◇—◇◇
James QuinceyPSU◇◇◇◇◇—◇
James QuinceyOPTION◇——◇—◇◇
Jennifer MannOPTION◇——◇—◇◇
Jennifer MannPSU◇◇◇◇◇—◇
John MurphyPSU◇◇◇◇◇—◇
John MurphyOPTION◇——◇—◇◇
Manuel ArroyoOPTION◇——◇—◇◇
Manuel ArroyoPSU◇◇◇◇◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Manuel ArroyoRSU◇◇——
PSU◇◇——
James QuinceyRSU◇◇——
Jennifer MannPSU◇◇——
RSU◇◇——
Henrique BraunRSU◇◇——
John MurphyPSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Amity Millhiser
◇◇———◇◇
Carolyn Everson
◇◇———◇◇
David B. Weinberg
Lead independent director
◇◇———◇◇
Christopher C. Davis
◇◇———◇◇
Herb Allen
◇◇———◇◇
Maria Elena Lagomasino
◇◇———◇◇
Caroline J. Tsay
◇◇———◇◇
Thomas S. Gayner
◇◇———◇◇
Bela Bajaria
◇◇———◇◇
Ana Botín
◇◇———◇◇
Max Levchin
◇◇———◇◇
Henrique Braun and James Quincey served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as Deferred Share Units.
Stock ownership guideline: 5x annual cash retainer after 3 years of service

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Abbott Laboratories ABT
  • Archer-Daniels-Midland Company ADM
  • Colgate-Palmolive Company CL
  • Danone S.A. symbol not shown
  • Intel Corporation INTC
  • Johnson & Johnson JNJ
  • Kimberly-Clark Corporation KMB
  • McDonald's Corporation MCD
  • Mondelēz International, Inc. MDLZ
  • Nestlé S.A. symbol not shown
  • NIKE, Inc. NKE
  • PepsiCo, Inc. PEP
  • Pfizer Inc. PFE
  • Philip Morris International Inc. PM
  • Starbucks Corporation SBUX
  • The Kraft Heinz Company KHC
  • The Procter & Gamble Company PG
  • Unilever PLC UL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 29, 2026=◇◇◇
2024April 30, 2025=◇◇◇
2023May 1, 2024=◇◇◇
2022April 25, 2023=◇◇◇
2021April 26, 2022=◇◇◇
2020April 20, 2021=◇◇◇
2019April 22, 2020=◇◇◇
2018April 24, 2019=◇◇◇
2017April 25, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Coca-Cola disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Coca-Cola sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Whether Coca-Cola's disclosed peer group is defensible, who names Coca-Cola back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
297 figures on this page: 288 cited to the filing that reported them, 9 calculated from figures it prints.
288 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001628280-26-029230
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001104659-26-028215
    2025 Director Compensation Table · 2025 Summary Compensation Table · CEO Pay Ratio · Director Compensation · and 1 more section
  3. 0000021344-25-000033
  4. 0001558370-25-003056
    2024 Summary Compensation Table
  5. 0001552781-24-000261
  6. 0001558370-24-003468
    2023 SUMMARY COMPENSATION TABLE
  7. 0000021344-23-000026
  8. 0001308179-23-000117
    Summary Compensation Table
  9. 0001552781-22-000366
  10. 0001552781-21-000242
  11. 0001552781-20-000277
  12. 0001552781-19-000204
  13. 0001552781-18-000176
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Velarion, “Coca-Cola executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/KO (accessed 2026).
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Peers Coca-Cola discloses

The companies named in KO's own disclosed peer group.

Abbott LaboratoriesIntel CorporationJohnson & JohnsonMcDonald's CorporationNIKE, Inc.Pfizer Inc.The Procter & Gamble Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy