this post was submitted on 15 Aug 2024
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Work Reform

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Starbucks plans to pay incoming CEO Brian Niccol $10 million in cash and $75 million in equity awards when he joins the company from Chipotle. Niccol will be paid a base salary of $1.6 million annually, with the opportunity to earn up to $7.2 million more in cash.

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[–] GreenSofaBed@lemmy.zip 32 points 3 months ago (2 children)

So make the portions smaller, charge more, make more money for shareholders next year, until people catch on and downhill from there, just like Chipotle. But then this guy will simply take his payout and move on to the next.

[–] sunzu2@thebrainbin.org 3 points 3 months ago

Starbucks is already overpriced as is... wtf is this guy going to do make 15 bucks 1lb bowl?

[–] isles@lemmy.world 3 points 3 months ago

You just need to do an aggressive head nod at the barista and you'll get a slightly bigger portion.