His primary office will be in the company’s Seattle headquarters, a Starbucks spokesperson said.
Newly appointed Starbucks Corp. Chief Executive Officer Brian Niccol won’t be required to relocate to the company’s headquarters in Seattle when he joins the company next month. won’t be required to relocate to the company’s headquarters in Seattle when he joins the company next month.
. Chipotle executives at the time estimated it would cost $70 million to $80 million to consolidate its offices on the West Coast. Being allowed to work remotely is becoming more common for CEOs and was part of the package Starbucks used to recruit Niccol to the struggling restaurant chain. His compensation includes a $10 million cash signing bonus and a $1.6 million annual salary.
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