Incoming Starbucks CEO Brian Niccol will be expected to report to the company’s Seattle headquarters three times a week, just like other employees.
But while other workers will commute by car or public transportation, Niccol will travel nearly 1,000 miles from his home in Newport Beach, California, to Starbuck’s Seattle offices, by corporate jet, according to his offer letter , which was made public in an SEC filing. Niccol replaces ousted CEO Laxman Narasimhan , as the coffee chain struggles to grow sales and regain consumers’ interest in the brand.
Starbucks told CBS MoneyWatch that Niccol’s schedule “will meet or exceed the hybrid work guidelines and workplace expectations we have for all partners.”…