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Starbucks Paid New CEO $129m Four Months Into the Job
The Straits Times
|January 27, 2025
Starbucks Corp granted its new chief executive Brian Niccol about US$96 million (S$129.2 million) after four months of work in 2024, one of the biggest compensation packages in corporate America.
NEW YORK -
About 94 per cent of Mr Niccol's pay came from stock awards, according to a filing on Jan 24. Most of them are tied to performance and the rest are time-based, vesting over a three-year period.
Mr Niccol, who joined Starbucks in early September, also received a US$5 million sign-on bonus after his one-month anniversary with the company.
Starbucks ousted its previous CEO in 2024 after a string of sales declines.
このストーリーは、The Straits Times の January 27, 2025 版からのものです。
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