Bloomberg reported that Starbucks CEO Brian Nicole received one of the highest reward packages in the United States.
The 50 -year -old Nicole was awarded about $ 96 million as a salary package for only four months in 2024, and he became one of the highest paid executives in the United States.
His income left compensation given to high -tech CEOs such as Apple and Google. According to some media reports, Tim Cook and Sundal Pichay have gained about $ 75 million last year.
Nicole, a CEO of Chipotore, joined Starbucks in September 2024. He was given a $ 5 million sign -on bonus since his new role, as revealed in the company’s application. His 94 % of his revenue comes from the stock award and is related to the three -year company’s performance.
Brian Nicole did not need to relocate to Seattle, Starbucks headquarters. Starbucks gave him a corporate jet for commuting between his California home and Seattle.
The company paid $ 143,000 for housing expenses, including custom -related payments, and $ 72,000 for flights between California and Seattle in Nicol. He also paid $ 19,000 with the company’s jet personally.
Bloomberg says that the total annual salary package is $ 113 million.
It is important to note that Brian Nicole has been adopted as a new Starbucks CEO after the coffee giant shows the door to the CEO before the decrease in sales.
