Saturday , December 28 2024

Starbucks' new CEO will travel 1600 km daily from home to office – News India Live | News India

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Starbucks' new CEO, Brian Niccol, will travel by private jet between his California home and Seattle headquarters. Niccol's decision is also being criticized. Brian Niccol, who was recently appointed as the company's CEO, is unlikely to travel to Seattle to work from the company's headquarters.

According to reports, an SEC filing last week revealed that her offer letter showed that Nicole would be allowed to use the company's private jet to travel three times a week between her California home and Seattle office. Climate change is considered a unique example of corporate hypocrisy. Even when Starbucks is increasing paper straws globally to reduce single-use plastic in its stores. The offer letter shows that Nicole, 50, will receive a base salary of $1.6 million per year as Starbucks CEO.

It is mandatory to work from the head office for three days:

The offer letter specified that Nicolae would not be required to commute to the company's headquarters in Seattle. He would be expected to travel to and from his home and make necessary business trips to perform his duties. During his tenure at Starbucks, Brian Nicolae will have access to the company plane for travel between his home city and the headquarters in Seattle. As per company policy, Nicolae is required to work from the headquarters at least three days a week.