Starbucks’s New CEO Has Already Been Awarded About $96 Million
By: WSJ
January 24, 2025

Brian Niccol, Starbucks’s chief executive and chairman, started work at the world’s largest coffee chain last September.
He has already been awarded about $96 million, the company said Friday.
Niccol’s compensation, detailed in a securities filing, includes buyouts of Chipotle Mexican Grill shares awarded during his six-year tenure leading that chain. While Niccol earned $61,538 in salary from Starbucks over the period ended Sept. 29, the company paid him a $5 million bonus and $90 million in stock awards that largely reflect the value of Chipotle shares he forfeited after leaving the burrito chain.
…That ratio is one of the highest among public company CEOs, according to a WSJ analysis of data from MyLogIQ, with Live Nation CEO Michael Rapino at 5,414 in 2022 and Aptiv’s Kevin Clark at 5,294 in 2020.
Some articles require a paid subscription.