Brian Niccol is the recently appointed CEO of Starbucks. He will have a remarkable daily drive to his new office. Niccol will drive 1,600 kilometers each day from his home in California to the Starbucks headquarters in Seattle.
Brian Niccol Starbucks
Niccol’s job agreement states that he will travel on a business plane every day. In accordance with the company’s hybrid work strategy. It has been in place since 2023, he is expected to work from Starbucks’ Seattle office at least three days a week despite the distance.
Starbucks ceo salary
Brian Niccol is fifty years old. He will get a basic pay of $1.6 million each year. In addition, based on his achievement, he might get a cash incentive of between $3.6 million and $7.2 million. Annual equity awards of up to $23 million will also be available to him. For Niccol, this commute arrangement is nothing new. He brokered a similar transaction in 2018 while serving as Chipotle’s CEO. Three months after Niccol assumed the position, Chipotle. It had its headquarters in Colorado, relocated to California.
