Replies to post #54422 on Sharing Knowledge in Smallcaps

[BullNBear52]

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
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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.

[EZ2]

You nailed it ! Remember, I worked for 40 years in this exact same arena. Through Nixon, Carter, Reagan.....fast forward.

Consumer packaged goods (companies) love inflationary periods.....a very disguised process to raise Raise RAISE prices......poor retailers (food stores which work on VERY thin margins) get most of the heat ------- producer/wholesalers just smile all the way to bank$$$$$$$$$.

Personally, FAT CAT ~~~ we worked on $commission and reaped the benefits of nearly EVERY price increase.....with few exceptions (over time).

Separately, MARS, Hershey, Proctor Gamble all wanted in the COOKIE WARS (time) ----- some never got over it.....some lost their ass !
The industry has changed..... BIG TIME ....... like most everything else. Alas, MARS can now (potentially) reap the benefits.....CHEEZ~ITs is a huge profitable brand alone...... in closing..... LET GO MY EGGO ! :-)