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Starbucks' New CEO To Supercommute 1,600 Km To Work On Corporate Jet

  • Starbucks' new CEO, Brian Niccol, will supercommute 1,600 km daily from California to Seattle, using a corporate jet.
  • Starting next month, Niccol, 50, will earn a base salary of $1.6 million, with potential bonuses up to $7.2 million and annual equity awards worth up to $23 million. Niccol's unusual commute reflects his high bargaining power, as seen in his previous role at Chipotle.
  • Despite falling sales under the current CEO, Niccol's proven track record of turning around companies makes him a strong candidate to lead Starbucks. He is expected to exceed the company’s hybrid work guidelines.

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