$107 Billion Starbucks New Chairman & CEO Brian Niccol Pay Package at $113 Million Including $1.6 Million Base Salary, $10 Million Sign-On Bonus & $75 Million of Stock Options to Compensate for Giving Up His Chipotle Shares, Allowed to Work Remotely from Home in Newport Beach in California United States & to Use Company Private Jet to Travel to Seattle Headquarter When Required
16th August 2024 | Hong Kong
Starbucks ($107 billion market value) new Chairman & CEO Brian Niccol pay package is at $113.2 million, including $1.6 million base salary, $10 million sign-on bonus & $75 million of stock options to compensate for giving up his Chipotle shares. Brian Niccol is also allowed to work remotely from his home in Newport Beach in California (United States), and to use company private jet to travel to Seattle headquarter when required. Brian Niccol will join Starbucks on 9th September 2024 from Chipotle. Starbucks CEO Laxman Narasimhan has stepped down from his role, and interim CEO is CFO Rachel Ruggeri. Starbucks current market value is $107 billion, and share price is +25% in the last 1 month, +1% YTD, -4% in the last 12 months & -1.7% in the last 5 years. In 2024 June, billionaire & Microsoft CEO Satya Nadella resigned from the board of global coffee chain Starbucks after 7 years since his appointment in 2017.
“ $107 Billion Starbucks New Chairman & CEO Brian Niccol Pay Package at $113 Million Including $1.6 Million Base Salary, $10 Million Sign-On Bonus & $75 Million of Stock Options to Compensate for Giving Up His Chipotle Shares, Allowed to Work Remotely from Home in Newport Beach in California United States & to Use Company Private Jet to Travel to Seattle Headquarter When Required “
Billionaire & Microsoft CEO Satya Nadella Resigns from Board of Global Coffee Chain Starbucks after 7 Years Since Appointment in 2017, Starbucks Current Market Value at $91 Billion, Share Price -13% YTD, -17% in Last 12 Months, -1% in Last 5 Years
6th June 2024 – Billionaire & Microsoft CEO Satya Nadella has resigned from the board of global coffee chain Starbucks after 7 years since his appointment in 2017. Starbucks current market value is at $91 billion (6/6/24), with share price -13% YTD, -17% in last the 12 months, and -1% in last the 5 years. Starbucks – Our story begins in 1971 along the cobblestone streets of Seattle’s historic Pike Place Market. It was here where Starbucks opened its first store, offering fresh-roasted coffee beans, tea and spices from around the world for our customers to take home. Our name was inspired by the classic tale, “Moby-Dick,” evoking the seafaring tradition of the early coffee traders. Ten years later, a young New Yorker named Howard Schultz would walk through these doors and become captivated with Starbucks coffee from his first sip. After joining the company in 1982, a different cobblestone road would lead him to another discovery. It was on a trip to Milan in 1983 that Howard first experienced Italy’s coffeehouses, and he returned to Seattle inspired to bring the warmth and artistry of its coffee culture to Starbucks. By 1987, we swapped our brown aprons for green ones and embarked on our next chapter as a coffeehouse. Starbucks would soon expand to Chicago and Vancouver, Canada and then on to California, Washington, D.C. and New York. By 1996, we would cross the Pacific to open our first store in Japan, followed by Europe in 1998 and China in 1999. Over the next two decades, we would grow to welcome millions of customers each week and become a part of the fabric of tens of thousands of neighborhoods all around the world. In everything we do, we are always dedicated to Our Mission: With every cup, with every conversation, with every community – we nurture the limitless possibilities of human connection.
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