Laxman Narasimhan waves while walking onstage
Starbucks says that as well as his base salary and cash bonuses, Laxman Narasimhan will also be eligible for annual equity awards with a target value of $13.6 million.
  • Laxman Narasimhan just started as CEO of Starbucks, and he's set to take home a hefty paycheck.
  • This includes annual equity awards with a target value of $13.6 million, SEC filings show.
  • Narasimhan, who is new to the coffee industry, joins amid a huge union drive at Starbucks.

Laxman Narasimhan started his tenure as CEO of Starbucks on Monday, nearly two weeks earlier than planned.

He's set to take home a hefty paycheck from his role.