Buffett Serenades Coca-Cola Investors to Ease Growth Fears
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Billionaire investor Warren Buffett, Coca-Cola Co.’s top shareholder, appeared at the company’s annual meeting to offer a shot of happiness in a tough period for the world’s largest soda maker.
Buffett told Chief Executive Officer Muhtar Kent that he believes in the company, its products and its ability to adjust to consumer tastes. Kent has been criticized by another investor, David Winters, who says Kent is paid too much and has had a lackluster response to slowing global sales.