Coca-Cola adds DEI and environmental sustainability metrics to 2022 executive compensation

COCA COLA CO

2022 annual incentive: 10% weight on diversity/equity/inclusion goals; 90% on net operating revenue and operating income growth.
2022 long-term incentive: 10% weight on environmental sustainability measures; 90% on net operating revenue, EPS growth, and cumulative free cash flow.
Amended award agreements reduce option exercise time at death to one year and remove service requirement for vesting after age 60.
Other amendments allow vesting to continue on transfer to affiliate and remove proration for certain involuntary terminations.

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