N.Y. State Comptroller DiNapoli: New York State Pension Fund and Coca Cola Reach Agreement on Executive Pay
March 07, 2020
March 07, 2020
ALBANY, New York, March 7 -- New York State Comptroller Thomas P. DiNapoli issued the following news release:
Coca Cola Co. will consider the wages it pays all of its employees when setting executive salaries, aiming to bring them into closer alignment, State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), announced. In response to the agreement, the Fund withdrew its shareholder resolution with the Atlanta-based beverage giant.
Coca Cola Co. will consider the wages it pays all of its employees when setting executive salaries, aiming to bring them into closer alignment, State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), announced. In response to the agreement, the Fund withdrew its shareholder resolution with the Atlanta-based beverage giant.