Starbucks CEO Will Reportedly Commute 1,000 Miles To Work On A Gulfstream G550 Jet

On Sunday, August 11, Starbucks officially signed its newest Chief Executive Officer (CEO), Brian Niccol. Starbucks recently made the offer letter public, via a Securities and Exchange Commission (SEC) filing, late last week. This filing reported that Niccol will receive a base salary of $1.6 million, an annual cash bonus that ranges from $3.6 million to $7.2 million, and the ability to cash in on annual equity awards that can total up to $23 million. However, the offer letter filed with the SEC also features several other unique characteristics, some of which are not typically seen by CEOs of large companies.