Starbucks' new CEO is set to make up to $113 million — the average total pay for a barista is $49,000

Fri, 08/16/2024 - 08:39

A barista serving a customer at Starbucks. — Brian Niccol is slated to take over as Starbucks' CEO in September.
Jeffrey Greenberg/Universal Images Group via Getty Images

Brian Niccol is expected to get a huge pay package when he joins Starbucks next month.
His total compensation as CEO could add up to $113 million, according to a regulatory filing.
The average annual wage for a Starbucks barista is less — around $49,000.

Brian Niccol is set to get a big payout by becoming Starbucks' next CEO — and he'll earn many times what most of the people at the company's coffee shops do.