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Brian Niccol stands to earn $10 million in signing bonuses alone for staying at Starbucks for six months after a "dogged pursuit" to convince him to lead the company.. Starbucks’ board opened ...
On the day of the announcement, shares of Starbucks gained 24.5%. [36] Niccol received a starting salary of $1.6 million and a $10 million starting bonus. [37] He will also receive an additional $75 million in equity grants which are designed to pay out over time and an annual cash incentive opportunity at a target of 225 per cent of his base ...
Kevin R. Johnson (born October 9, 1960) is an American businessman and software engineer who was the president and chief executive officer (CEO) of Starbucks Coffee Company from 2017 to 2022. Succeeding Howard Schultz as CEO, Johnson previously was the company's president and chief operating officer from 2015 to 2017. On March 16, 2022, Johnson ...
Starbucks offered incoming CEO and Chair Brian Niccol a pay bump and hefty one-time awards to lure him from his prior role as chief executive at Chipotle Mexican Grill.. Niccol officially takes ...
The former Chipotle CEO — who officially took over at Starbucks on Sept. 9, 2024 — has a tall order this year in delivering growth to an anxious investor base expecting great things from the ...
Donald replaced Orin C. Smith as CEO on April 1, 2005. [7] In January 2008, Donald was replaced by Howard Schultz. [8] During his tenure, Starbucks enjoyed record growth, including five straight years of 20%+ annual earnings increases. [9] In 2009, in an effort to reverse its ailing fortunes, Haggen Food & Pharmacy named Donald president and CEO.
Starbucks announced on Wednesday that it would offer new CEO Brian Niccol, 50, roughly $113 million in total compensation including a $10 million sign-on bonus, a $75 million equity grant, and ...
Starbucks Chief Financial Officer Rachel Ruggeri be the interim CEO until then. Narasimhan succeeded Howard Schultz, the longtime Starbucks leader and chairman emeritus, in March 2023. But investors and the company's board quickly soured on the longtime PepsiCo executive, who trained as a barista and worked monthly in Starbucks stores but had ...