Starbucks incoming CEO Brian Niccol to take jet thrice a week to office
https://timesofindia.indiatimes.com/business/in...
Newly appointed Starbucks CEO Brian Niccol will commute to Starbucks' main office via a corporate jet three times a week. He will not relocate to Seattle headquarters and instead, will live in Newport Beach, California, according to his offer letter disclosed in an SEC filing last week. Under the agreement, Niccol will be paid a base salary of $1.6 million annually, with an opportunity for an annual cash bonus ranging from $3.6 million to $7.2 million, depending on his performance. He will also be eligible for annual equity awards worth up to $23 million.
Niccol is not new to negotiating such arrangements; he successfully negotiated a similar deal when he became the CEO of Chipotle in 2018. At that time, Chipotle was headquartered in Denver, Colorado, while Niccol lived in Newport Beach. Three months after Niccol’s appointment, Chipotle moved its headquarters to Newport Beach.
Starbucks' offer letter also notes that a remote office and assistant will be set up for Niccol in Newport Beach. Despite his primary residence, Niccol will be expected to work from the Seattle office at least three days a week, per Starbucks' hybrid work policies.
Brian R Niccol, a well-known American businessman, is set to become the Chief Executive Officer of Starbucks on September 9, 2024, succeeding Laxman Narasimhan. Niccol, who has made a significant mark on the food industry, previously served as Chairman and CEO of Chipotle, where he'll lead the company until August 31, 2024.
Is Starbucks Even a Coffee Brand or Luxury lifestyle showoff brand?
The USA HyPoCrate issues sanctions against countries for pollution and now does this kind Things ? Double Standards ?
Boycotttt DimLight Bucks ? 😁
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People living in mud houses in Africa and Asia HAVE to make some sacrifices so that global emissions are brought under control. Ban all wood stoves and petrol 2 wheelers - they are bad for the environment
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One got to hustle daily to get the stars aligned 😊
likh liya
ab tou pucca UPSC top karunga.
Translation: effing spam!
How is this relevant here ?? Just to post toi article and earn few dimes seems new business
Note- Discussions doesn't give Dimes. Neither do every deal posted.
The main relevant point is Using Private Jet 3 times or more....for home to office 
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The same people lecture Other's, to save environment and put sanctions on small, developing countries for using Coal to generate electricity & not maintaining very high Level of polution control as if they only use Bicycle 
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Now what point you saw irrelevant & not worth a discussion.
How to subtly launder money using credit cards should not be only discussion here 
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Even Taylor Swift was trolled for using private jets for very short distances inside USA, frequently.
The Hypocrisy has no limit for the undisputed king.
height of money:) can make one achieve THE RIDICULOUS
hmm so my advice for everyone is make RIDICULOUS money AND DO RIDICULOUS THINGS :p
but at the end everyone is above (i.e living) and below (i.e dead) the same soil:)
NO ONE CAN BE IN AIR LIFE LONG xD
Filter coffee is the best 🔥
How is this relevant here ?? Just to post toi article and earn few dimes seems new business
Note- Discussions doesn't give Dimes. Neither do every deal posted.
The main relevant point is Using Private Jet 3 times or more....for home to office
.
The same people lecture Other's, to save environment and put sanctions on small, developing countries for using Coal to generate electricity & not maintaining very high Level of polution control as if they only use Bicycle
.
Now what point you saw irrelevant & not worth a discussion.
How to subtly launder money using credit cards should not be only discussion here
.
Even Taylor Swift was trolled for using private jets for very short distances inside USA, frequently.
The Hypocrisy has no limit for the undisputed king.