Monday, January 27, 2025

Starbucks New CEO Earns $96 Million in Just Four Months

Starbucks CEO Brian Niccol earned an impressive $96 million in just four months after stepping into his role in September 2024. This makes him one of the highest-paid executives in corporate America.

The majority of his pay, around 94%, came from stock awards. These awards are tied to performance and time, with the stocks vesting over three years. Alongside this, Niccol received a $5 million sign-on bonus.

His perks also included $143,000 for housing and $72,000 for travel expenses during this short period. If calculated annually, his total pay package is estimated to be around $113 million, placing him among the top 20 highest-earning CEOs in the U.S.

Niccol’s payout reflects Starbucks’ efforts to attract top leadership and aligns with the company’s performance-focused compensation strategy.

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