Total compensation for executives from TOP sponsors Coca-Cola, Dow Chemical, General Electric, Procter & Gamble and Visa was released in a New York Times report Friday on the pay of major U.S. corporate leaders.

Coca-Cola CEO Muhtar Kent had the highest total compensation with $19.2 million in 2010, a 30 percent increase from $14.8 million in 2009. According to the report, Kent was the 20th highest paid CEO and the highest of the TOP sponsors.

New TOP sponsor Dow Chemical reported its CEO Andrew Liveris had total compensation of $17.7 million in 2009, up 13 percent from $15.7 million in 2009.

Procter & Gamble, another newly appointed TOP sponsor, reported its CEO, Robert McDonald, had total compensation of $13.1 million in 2010. Data from 2009 was not available.

CKE Restaurants Inc. said Tuesday that it has opened its first Carl's Jr. restaurant in Istanbul, Turkey. The fast-food chain opened in the Cevahir Shopping Mall in central Istanbul. It is the first of at least 25 Carl's Jr. locations set to open in Turkey over the next six years.

The expansion into Turkey is part of CKE's plan to speed up franchise development in overseas markets. "We believe the Turkish market has tremendous potential for our brand given the strength of its economy, the youthful population base and an appreciation for premium-quality burgers. It is also a gateway for European expansion," CKE Restaurants CEO Andrew Puzder said in a statement.

eBay is announcing the acquisition of Turkish auction marketplace GittiGidiyor. The deal follows eBay’s acquisition of a minority stake in the company in 2007. With the new investment, eBay now owns approximately 93% of the outstanding shares of GittiGidiyor. Terms of the deal were not disclosed.

Launched in, 2001, GittiGidiyor has more than 6.4 million registered users. GittoGidyor is essentially an eBay clone, but localized for the Turkish market. The business also includes a mandatory escrow service for payments between buyer and seller. GittiGidyor’s largest categories are Fashion and Consumer Electronics. In addition to eBay, the company previously raised capital from iLab Ventures, founded and led by Mustafa E. Say.

FOCUS Brands Inc., the owner of Carvel ice cream and Cinnabon, will add 50 locations this year to its fastest growing chain, Moe’s Southwest Grill, and expand into Turkey as the global recession recedes.

Atlanta-based FOCUS has signed a franchise agreement to add 40 Moe’s restaurants in Turkey over seven years, marking the brand’s first foray outside the U.S. and Canada, Mike Shattuck, president of FOCUS Brands International, said this week in an interview. The first of the Turkey locations will open in Istanbul’s Sapphire Tower in September, he said.

Moe’s, which serves “Homewrecker” burritos and quesadillas made to order with hand-chopped pico de gallo, will sell more franchise agreements in the first quarter of 2010 than it did all of last year, President Paul Damico said in an interview. Renewed access to financing and a rebound in same- store sales have helped fuel deals, he said.

“When the credit markets freeze up it’s very difficult to fund any kind of expansion if you’re a franchise owner,” Michael Schaefer, a consumer foodservice analyst for Chicago- based researcher Euromonitor Plc, said in an interview. “We’ve definitely seen that easing.”