Hybrid policy for new Starbucks CEO sparks debate over remote work, corporate jet emissions

undefined 27, 2024

Source: geekwire

Starbucks is facing criticism over its remote work arrangement for new CEO Brian Niccol. The deal allows Niccol, who lives in Newport Beach, Calif., to work remotely, with Seattle as his primary office. Critics highlight the environmental impact of his 1,000-mile corporate jet commute, potentially emitting 1,000 tons of CO2 annually. Starbucks has sustainability goals, aiming to cut emissions by 50% by 2030. Despite backlash, Niccol’s pay package includes a $1.6M salary, $10M sign-on bonus, and up to $80M in equity grants.

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