Brian Niccol, who was poached from Chipotle, will get package worth four times that of his predecessor
The 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 that of his predecessor. .
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 job after just 17 months.
More Stories
Uyghur rights group calls on hotel chains not to ‘sanitise’ China abuses in Xinjiang
China accuses UK politicians of ‘arrogance’ in British Steel row
Elon Musk to pull back in Doge role starting May amid 71% dip in Tesla profits