Coke boss gets a sweet deal

Coca-Cola Amatil chief Terry Davis (left) remains among Australia's best-paid executives, earning a total pay package worth $7.8 million last year. His salary was $2.3 million. The rest of his package came from superannuation and performance-related incentive payments and other perks.

By InvestSMART · 5 Mar 2013

By InvestSMART ·
5 Mar 2013

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Frequently Asked Questions about this Article…

How much did Coca-Cola Amatil boss Terry Davis earn in 2012?

According to the article, Terry Davis earned a total pay package of $7.8 million in 2012.

What was Terry Davis’s base salary within the $7.8 million pay packet?

The article states his base salary was $2.3 million, with the remainder coming from other components.

What made up the rest of Terry Davis’s $7.8 million pay package?

The article says the rest of his package came from superannuation, performance-related incentive payments and other perks.

Is Terry Davis considered one of Australia’s highest-paid executives?

Yes — the article notes that Terry Davis remains among Australia’s best-paid executives.

How much of the $7.8 million was not base salary?

Based on the figures in the article, $5.5 million of the $7.8 million was not base salary (that is, $7.8m minus the $2.3m salary).

Which company is the article discussing in relation to this executive pay story?

The article is about Coca-Cola Amatil and its chief executive, Terry Davis.

Does the article give a detailed breakdown of how much came from incentives versus perks?

No — the article mentions incentives, superannuation and other perks as contributors to the total, but it does not provide a detailed dollar-by-dollar breakdown beyond the $2.3m salary and the $7.8m total.

What year does the pay figure in the article refer to and why is that important for investors?

The pay packet referenced is for 2012. For investors, knowing the year helps place executive pay in the correct reporting period when reviewing company reports or comparing compensation trends over time.