16-08-2024 19:08 via foxbusiness.com

Incoming Starbucks CEO Brian Niccol poised to get sizable compensation

Brian Niccol will receive a sizable pay package once he takes over as the CEO of Starbucks.Starbucks said Wednesday in a Securities and Exchange Commission (SEC) filing the company will pay Niccol $1.6 million a year as an initial base salary.The details of his package, which includes other compensation and has company performance requirements, came just a day after Starbucks revealed that Laxman Narasimhan was exiting and that the now-former Chipotle CEO would lead the coffee house chain starti
Read more »