Pay deal for new Starbucks CEO worth up to $113m

Pay deal for new Starbucks CEO worth up to $113m

Starbucks, Executive pay and bonuses, Business, Food & drink industry, US news, World news Business | The Guardian

​Brian Niccol, who was poached from Chipotle, will get package worth four times that of his predecessorThe new chief executive of Starbucks is in line for a sign-on pay package worth up to $113m (£88m), in one of the largest such executive deals in corporate history and which is four times larger than that of his predecessor. .The American coffee chain poached the boss of Chipotle Mexican Grill, Brian Niccol, naming him as its new chief executive this week in a surprise management shake-up, ousting Laxman Narasimhan from the job after just 17 months. Continue reading… 

Brian Niccol, who was poached from Chipotle, will get package worth four times that of his predecessor

The new chief executive of Starbucks is in line for a sign-on pay package worth up to $113m (£88m), in one of the largest such executive deals in corporate history and which is four times larger than that of his predecessor. .

The American coffee chain poached the boss of Chipotle Mexican Grill, Brian Niccol, naming him as its new chief executive this week in a surprise management shake-up, ousting Laxman Narasimhan from the job after just 17 months.

Continue reading… 

Leave a Reply

Your email address will not be published. Required fields are marked *