Starbucks’s Schultz Is Paid the Equivalent of Nine Million Espresso Macchiatos
Howard Schultz.
Photographer: Nelson Ching/BloombergThis article is for subscribers only.
It’s still a lot of java.
Starbucks Corp. Chief Executive Officer Howard Schultz received $20.1 million in reported compensation last year, the Seattle-based company said in a filing Monday, down from $21.5 million in 2014. Measured in his favorite beverage, the value of his pay is enough to buy almost 9 million espresso macchiatos -- or 24,400 each day for a year.