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Buffett disapproves of Coca-Cola's pay plan

FILE - In this May 6, 2013, file photo, Berkshire Hathaway CEO and Chairman Warren Buffett speaks during an interview in Omaha, Neb. Buffett says he disapproves of Coca-Cola’s highly contested pay plan for its executives. Buffett, the beverage maker’s largest shareholder, called the plan “excessive” in an interview on CNBC after it was approved at the company’s annual meeting. But he said Berkshire Hathaway abstained from voting against the pay plan because he didn’t want to express disapproval of the company’s management. (AP Photo/Nati Harnik, File)

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