Cramer calls for Coke chiefs head

Jim Cramer has had enough. How in the heck is the CEO of Coca-Cola, Muhtar Kent gotten the Congressional Medal of Soda when he’s not stepping up to the plate?

Coca-Cola was once a great leader in the beverage industry, and released numbers on Tuesday that were in-line with expectations, though shy of consensus.

“Muhtar has the backing of Warren Buffett, so no matter how many times he makes excuses he gets a pass—if not a raise for the team,” said the “Mad Money” host.

On the company conference call on Tuesday, Kent admitted that he is stuck in a slow growth track that he has to get out of. In Cramer’s opinion, the only two things that were worth talking about were the company’s investments in Monster and Green Mountain, which could spark growth, yet these topics didn’t even come up. Instead, it was all about a challenged consumer worldwide.

Article source: http://www.cnbc.com/id/102111578