Home -
Industry -
Main body -

WikiFX Express

Exness
EC Markets
TMGM
XM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
Eightcap

Starbucks new boss under fire for 1,000-mile commute

WikiFX
| 2024-08-22 04:28

Abstract:Job offer which allows new CEO to commute to and from work on corporate jet sparked criticism.

The terms of his employment has sparked a backlash on social media.

That‘s nice... good convenience for top talent! But hope we don’t see too many new ‘sustainability’ and ‘environment’ related ads from @starbucks? *Wink*, said one X user.

The new Starbucks CEO is ‘supercommuting’ 1,000 miles to Seattle on a private jet to work, so don‘t be too harsh on that waitress who gave you a plastic straw when you didn’t want one, said another.

The topic of where people work from has been debated in recent years, with companies in many industries wrestling with whether to allow the remote work practices that exploded during the coronavirus pandemic to continue.

Some sectors, such as banking, signalled early on that they would expect staff to return to the office full-time, while others, often in the tech industry, have said they will allow remote work indefinitely. Many places have opted for a mix.

Others focused on how much Mr Niccol is set to get paid in his new job.

How come we never talk about CEO pay when we talk about rising prices? former US Secretary of Labor Robert Reich posted.

According to the terms of his offer, Mr Niccols annual base pay will be $1.6m (£1.2m). On top of that he could get a performance-related bonus of as much as $7.2m and up to $23m a year of Starbucks shares.

A report published by the United Nations in 2021 showed that the worlds wealthiest 1% of people produced double the combined carbon emissions of the poorest 50%.

Starbucks announced this month that Mr Niccol would be replacing Laxman Narasimhan as its chief executive.

The announcement came as the coffee chain looks to boost flagging sales.

Mr Niccol had led the Mexican fast food chain Chipotle since 2018, helping it to recover from a crisis after outbreaks of food poisoning.

During his time in the role the firms sales doubled and its shares surged from less than $7 each to more than $50.

Chipotle also opened almost 1,000 new stores and new technologies were introduced to automate food preparation.

In recent months, it has been seen as a bright spot in the restaurant industry, where many businesses have reported that customers are cutting spending.

WikiFX Express

Exness
EC Markets
TMGM
XM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
Eightcap

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
GMI

GMI

Regulated
 CXM Trading

CXM Trading

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
GMI

GMI

Regulated
 CXM Trading

CXM Trading

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
GMI

GMI

Regulated
 CXM Trading

CXM Trading

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
GMI

GMI

Regulated
 CXM Trading

CXM Trading

Regulated

Latest News

How much money will you earn by investing in Vantage Broker?

WikiFX
2025-06-05 14:15

IronFX vs Exness Review 2025: Comprehensive Broker Comparison

WikiFX
2025-06-05 16:31

Fraudsters Are Targeting Interactive Brokers' Users with Lookalike Emails

WikiFX
2025-06-05 17:34

Interactive Brokers: Global Office Visits and Licensing Details

WikiFX
2025-06-05 17:37

Top Tips to Choose the Best Forex Broker in 2025

WikiFX
2025-06-05 19:31

SEBI Notifies New F&O Rules for Investors - New Derivative Trading Limits & More Amendments

WikiFX
2025-06-05 17:29

U.S. Jobs Data Released: A Potential Boost for Gold Prices

WikiFX
2025-06-05 21:48

SkyLine Guide 2025 Malaysia: 100 Esteemed Judges Successfully Assembled

WikiFX
2025-06-06 10:42

Everything you need to know about ADSS

WikiFX
2025-06-05 16:55

​Vantage Markets Review 2025: Trusted Forex and CFD Trading Since 2009

WikiFX
2025-06-06 11:53

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

4e

4e

Zonelinesvantop Group Limited

Zonelinesvantop Group Limited

Ons Forex

Ons Forex

Desjardins

Desjardins

KENKE CAPITAL

KENKE CAPITAL

Fxtradeindex

Fxtradeindex

Matrix Banco

Matrix Banco

Medco Finance Limited

Medco Finance Limited

Lifesecuredtrades

Lifesecuredtrades

MJK-ahs

MJK-ahs