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Fortune
Fortune
Rachel Ventresca

Starbucks’ new CEO drinks up to 4 cups of coffee per day

Starbucks Brian Niccol Fortune Kevin Johnson Laxman Narasimhan Chipotle Schultz
(Credit: Fortune)

Starbucks’ new CEO is getting a $113 million payday–and presumably a lot of free coffee.

The coffee giant on Tuesday named Chipotle CEO Brian Niccol as its new chief executive with an official start date of Sept. 9. While he won’t be required to relocate to Seattle for the new gig, he did agree to commute from his home in Newport Beach, Calif., when necessary. 

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