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BIZARRE: 10 - What They Never Told You

Starbucks CEO gets private jet for work

Brian Niccol will start his new role as company Chairman and CEO on Sept. 9

Salon

So Starbucks’ CEO commutes to work by private jet? Let’s not pretend the super-rich care about the planet

It’s paper straws and compostable cups for the masses, space travel and $600m weddings for their overlords. No wonder everyone who can afford it wants a doomsday bunker, writes Arwa Mahdawi

The Guardian - UK

Starbucks CEO To Commute Weekly Via Corporate Jet

Starbucks' new CEO's use of a corporate jet raises environmental concerns and sparks debate.

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Not even the boss of Starbucks needs to be doing a 1,000-mile commute if they can do the job from home

New Starbucks boss Brian Niccol caused many to spit out their coffee with the news he will commute around 1,000 miles from his home in California to the company’s HQ in Seattle. It’s true that he’ll have the luxury of the company jet for his trips to the office, which…

The Conversation

Starbucks CEO Brian Niccol was a 'messiah' until we found out about his private jet

“The longer this new CEO goes without making a huge impact that's noticeable internally as well as externally, the worse this decision will look."

Fortune

Starbucks new CEO Brian Niccol under fire over 1,000 mile private jet commute

Brian Niccol will have access to private jet to fly from California home to Seattle HQ

Evening Standard

Starbucks’ new CEO faces backlash over 1,000-mile commute by private jet

Brian Niccol faces environmental criticism over commute from southern California to Seattle instead of relocating

The Guardian - US

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Work from home policy for new Starbucks CEO sparks outrage

The new CEO will receive a “small remote office” based in California

The Independent UK

More CEOs are enjoying the remote-work life—but employees resent it

Remote CEOs are seen as enjoying their lives “at the expense of the employees,” one expert said.

Fortune

Starbucks’ new CEO drinks up to 4 cups of coffee per day

Brian Niccol is getting a $113 million payday–and presumably a lot of free coffee.

Fortune

Pay deal for new Starbucks CEO worth up to $113m

Brian Niccol, who was poached from Chipotle, will get package worth four times that of his predecessor

The Guardian - UK

Starbucks welcomes new CEO Brian Niccol with a $113 million payday—and he can work remotely

The coffee giant’s new CEO won’t have to relocate to the corporate headquarters in Seattle, according to his offer letter.

Fortune

The new Starbucks CEO shares the best leadership advice he ever received

Brian Niccol says that if leaders aren’t curious, then they don’t care about their company.

Fortune

Chipotle CEO to take over at Starbucks

Starbucks founder Howard Schultz says Chipotle's Brian Niccol has his "respect and full support"

Salon

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Fortune

Ousted Starbucks CEO will get millions on the way out

The coffee chain hasn’t disclosed outgoing CEO Laxman Narasimhan’s termination agreement, but he has millions on the table to smooth his exit.

Fortune

How the Starbucks board can set its new CEO up for success

Howard Schultz has been a major part of the company for years, whether the board likes it or not.

Fortune

Brian Niccol may well be the messiah Starbucks—and Howard Schultz—have been looking for

Schultz remains the largest shareholder—and he just helped drive out his fourth attempted successor, Laxman Narasimhan.

Fortune

Chipotle's CEO just bolted—but the company is in good hands, say analysts

CFO Jack Hartung has postponed his retirement and is taking on a newly created position.

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Fortune

Can Brian Niccol turn Starbucks around

Brian Niccol faces falling sales, changing consumer habits, and an acrimonious unionization effort.

Barchart

Stock Index Futures Tread Water as Key U.S. Inflation Data Looms

September S&P 500 E-Mini futures (ESU24) are up +0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.09% this morning as market participants held back from making any big bets ahead of the release of the U.S. consumer inflation report.

The Independent UK

Asian shares mixed as jitters calm over global markets while uncertainty lingers

Asian shares traded mixed Wednesday, as Japan’s benchmark perked but quickly ran out of steam from news the prime minister won’t seek re-election as head of the ruling party

The Independent UK

Starbucks shares jump 24% after coffee giant replaces CEO with Chipotle boss

Chipotle sales skyrocketed after Brian Niccol started at the company in 2018

Kiplinger

Stock Market Today: Markets Power Higher on Cooler Inflation Data

A promising reading on wholesale inflation and the upcoming consumer price report have investors anticipating a rate cut in September.

Fortune

Starbucks shares jump 20% after company poaches Chipotle CEO

Niccol led a major turnaround at Chipotle after taking the reins in March 2018, overseeing a 770% increase in the company’s stock price.

Fortune

Starbucks just hired Chipotle's savior as their new CEO—will he be able to rescue a company in crisis?

The architect of Chipotle's turnaround is taking on America's most famous coffee company.

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