Webstarbucks said wednesday in a securities and exchange commission (sec) filing the company will pay niccol $1. 6 million a year as an initial base salary.
Is poised to cost the coffee chain at least $120 million, and possibly more, as the board bets on a change of.
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Webthe former chipotle chief will get a $1. 6m base salary, a $10m signing bonus and a $75m equity grant when he takes over starbucks in september.
Webstarbucks will pay new chief executive brian niccol cash and shares that could be worth as much as $145 million, based on figures the u. s.
Webniccol's annual base salary will be $1. 6 million.
He'll also have an annual cash incentive opportunity at a target of 225% of his base salary and a maximum of 450% of base salary.
Webthe former chipotle ceo will become starbucks' leader on september 9, as the coffee giant faces declining sales and activist pressure.
Webniccol's initial annual base salary will be $1. 6 million, starbucks said in a filing.
He will also receive a cash signing bonus of $10 million.
Webniccol's initial annual base salary will be $1. 6 million, starbucks said in a filing.
He will also receive a cash signing bonus of $10 million.
Niccol, who has been.