Starbucks is giving incoming CEO Brian Niccol $85 million in cash and stock as he departs Chipotle PUBLISHED WED, AUG 14 20246:33 PM EDTUPDATED 60 MIN AGO thumbnail Amelia Lucas
KEY POINTS Starbucks plans to pay incoming CEO Brian Niccol $10 million in cash and $75 million in equity awards when he joins the company from Chipotle. Niccol will be paid a base salary of $1.6 million annually, with the opportunity to earn up to $7.2 million more in cash. As CEO, Niccol will have to turn around the coffee chain’s slumping business. https://www.cnbc.com/2024/08/14/starbucks-new-ceo-brian-niccol-compensation-chipotle.html
I wonder if these guys have agents similar to baseball players.