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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[–] [email protected] 7 points 2 months ago

I just don’t understand how a comp package of that scale is even remotely defensible.