Newly appointed Starbucks CEO Brian Niccol won’t be required to relocate to the company’s headquarters in Seattle when he joins the coffee giant next month.

Instead, Starbucks says Niccol can live in his home in Newport Beach, California and commute to Starbucks’ head office 1,000 miles away on a corporate jet, according to the new CEO’s offer letter, which was made public in an SEC filing last week.

In his new role, Niccol, 50, will be paid a base salary of $1.6 million annually and has the opportunity to earn an annual cash bonus that could range 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.

  • @cabron_offsets
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    933 months ago

    The climate crisis could be solved with probably just a single guillotine.

    • FuglyDuck
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      3 months ago

      Axes are more portable, and the turn around rate is faster. Just saying.

      • Optional
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        163 months ago

        I’m intrigued by both of your suggestions and wish to subscribe to your newsletters.

      • DominusOfMegadeus
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        123 months ago

        “Your honor, the defendant qualified their statement with the phrase “just sayin.” Clearly they cannot be prosecuted and this case must be dismissed.

      • @[email protected]
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        153 months ago

        We’re not calling it supercommuting, insufferable wankers made that word up about themselves

        I prefer cuntycommuting

    • @[email protected]
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      13 months ago

      In Ministry for the Future, the opposition to this garbage is successful by bringing down a few choice flights with drone swarms, then announcing more will come to those who dare.