this post was submitted on 20 Aug 2024
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Newly appointed Starbucks CEO Brian Niccol won’t be required to relocate to the company’s headquarters in Seattle when he joins the coffee giant next month.

Instead, Starbucks says Niccol can live in his home in Newport Beach, California and commute to Starbucks’ head office 1,000 miles away on a corporate jet, according to the new CEO’s offer letter, which was made public in an SEC filing last week.

In his new role, Niccol, 50, will be paid a base salary of $1.6 million annually and has the opportunity to earn an annual cash bonus that could range from $3.6 million to $7.2 million depending on his performance. He will also be eligible for annual equity awards worth up to $23 million.

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[–] cabron_offsets@lemmy.world 93 points 2 months ago (18 children)

The climate crisis could be solved with probably just a single guillotine.

[–] AVincentInSpace@pawb.social 5 points 2 months ago (7 children)

Bold of you to assume the people who replace the billionaires we kill would be better

[–] Vespair@lemm.ee 9 points 2 months ago (3 children)

They never said the guillotine wouldn't be a permanent fixture.

[–] a_wild_mimic_appears@lemmy.dbzer0.com 3 points 2 months ago (1 children)

and a sharpening stone is pretty cheap.

alternatively, a blunt blade might be a better motivator.

[–] Vespair@lemm.ee 5 points 2 months ago

I used to have a bagel guillotine. Sometimes it would catch and you'll have to take a second go at it, but you know what? It always made it through in the end.

[–] Blackmist@feddit.uk 3 points 2 months ago

Every week just prune the richest one.

[–] AVincentInSpace@pawb.social 2 points 2 months ago (1 children)

I'm sorry, do you need to be reminded how the French Revolution ended?

[–] Vespair@lemm.ee 2 points 2 months ago (1 children)

........with cookies and hearty "Well done, lads"?

[–] AVincentInSpace@pawb.social 2 points 2 months ago

Right after the revolution leader and most of its top brass got sent through the guillotine, yeah

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