Consumer
Starbucks CEO Allowed to Work 1,000 Miles From Headquarters
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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.
The incoming CEO agreed to commute to the coffee chain’s base and travel as needed to do his job, the company said in a filing Wednesday. The executive’s current employer, Chipotle Mexican Grill Inc., is located in Newport Beach, California. That’s where Starbucks will pay for a remote office to be set up about 1,000 miles from Seattle.