Starbucks CEO Awarded $96 Million in First Few Months on Job

Starbucks Corp. granted new Chief Executive Officer Brian Niccol about $96 million after four months of work last year, one of the biggest compensation packages in corporate America.

About 94% of Niccol’s pay came from stock awards, according to a filing. Most of them are tied to performance and the rest are time-based, vesting over a three-year period. Niccol, who joined Starbucks in early September, also got a $5 million sign-on bonus after his one-month anniversary with the company.