Starbucks' new CEO made nearly $100 million in his first four months running the company — here's what's included in his pay package
Brian Niccol became Starbucks' CEO in September. By the end of 2024, he'd earned nearly $100 million running the coffee giant, new filings say.
How large is the new Starbucks CEO’s pay package? Trenta
Starbucks granted new CEO Brian Niccol about $96 million after four months of work last year, one of the biggest compensation packages in corporate America.
Starbucks CEO, commuting 1,600km on company jet, took home $96 million for 4 months’ work in 2024
Brian Niccol, 50, who joined Starbucks in September 2023 from Chipotle Mexican Grill, also received a $5 million sign-on bonus just a month into his role, as revealed in company filings.
Starbucks CEO Brian Niccol makes $96 mn in first four months on the job
Niccol's annual pay package is likely to be valued at about $113 million at the time of his hiring, with a large part tied to equity to replace awards from his prior employer that he had to relinquish
Starbucks New CEO Makes $96 Million
Granted, most of his pay package was for the value of the stock and options he held at Chipotle Mexican Grill ( NYSE: GMG ), where he had been CEO previous to his move to Starbucks. It is an acknowledgement of how important it was to the Starbucks board to get him as the company’s leader.
Starbucks CEO Awarded $96 Million in First Few Months on Job (2)
Starbucks Corp. granted new Chief Executive Officer Brian Niccol about $96 million after four months of work last year, one of the biggest compensation packages in corporate America.
Starbucks’s New CEO Has Already Been Awarded About $96 Million
Brian Niccol’s compensation includes buyouts of Chipotle Mexican Grill shares awarded during his six-year tenure leading that chain.
In a Few Months, CEO of Starbucks Collected $96M
Since Brian Niccol was hired at Starbucks in September, it's hard to argue his compensation hasn't been grande. A new company securities filing shows that the chief executive and chairman has collected about $96 million,
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