Starbucks CEO Brian Niccol received a $96 million compensation package, primarily in stock awards, after four months in the role. He also received a $5 million sign-on bonus and incurred significant housing and travel expenses as he worked to turn the company around.

Brian Niccol, the new CEO of Starbucks, has been awarded a compensation package of around $96 million for his first four months of work in 2024. The massive pay puts him ahead of tech giants Apple and Google 's CEOs Tim Cook and Sundar Pichai, who earned about $75 million each.

Niccol's annual pay package is likely to be valued at about $113 million at the time of his hiring, with a large part tied to equity to replace awards from his prior employer that he had to relinquish

Starbucks granted new CEO Brian Niccol about US$96 million ($129.22 million) after four months of work last year, one of the biggest compensation packages in corporate America.

The coffee giant brought Niccol in from Chipotle Mexican Grill, hoping that his experience could revitalise the company and reverse its financial slump.

Starbucks Corp. granted new Chief Executive Officer Brian Niccol about $96 million after four months of work last year, one of the biggest compensation packages in corporate America.