Package for Brian Niccol, who was poached from Chipotle, four times larger than predecessor at coffee chainThe new chief executive of Starbucks is in line for a sign-on pay package worth up to $113m (£88m), in one of the largest such executive deals in corporate history and which is four times larger than the predecessor he dramatically replaced.The American coffee chain poached the boss of Chipotle Mexican Grill, Brian Niccol, naming him as its new chief executive this week in a surprise management shake-up, ousting Laxman Narasimhan from the top job after just 17 months. Continue reading…
Source link : https://www.theguardian.com/business/article/2024/aug/15/pay-deal-new-starbucks-ceo-brian-niccol
Author : Kalyeena Makortoff
Publish date : 2024-08-15 11:17:25
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