What Is Richard M. Daley Getting Paid $180k a Year For if Coca-Cola's Management Is Ripping Off Shareholders for Tens of Billions of Dollars?

That what readers of Andrew Sorkin's column on management bonuses at Coca-Cola will be asking. Sorkin cites analysis from money manager David Winters showing that Coca-Cola has set aside $24 billion as bonuses for senior management in recent years. The 2013 set asides alone came to an average of more than $2 million for each eligible person.

Richard M. Daley is a director of Coca-Cola. As a director it is his job to make sure that management does not rip off shareholders by paying themselves...