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.