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The Latest Breaking News from Starbucks

Potentially massive pay package for Starbucks new CEO, and he doesn't even have to move to Seattle

Incoming Starbucks CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant

The Independent UK

Pay deal for new Starbucks CEO worth up to $113m

Brian Niccol, who was poached from Chipotle, will get package worth four times that of his predecessor

The Guardian - UK

Starbucks welcomes new CEO Brian Niccol with a $113 million payday—and he can work remotely

The coffee giant’s new CEO won’t have to relocate to the corporate headquarters in Seattle, according to his offer letter.

Fortune

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The new Starbucks CEO shares the best leadership advice he ever received

Brian Niccol says that if leaders aren’t curious, then they don’t care about their company.

Fortune

Southwest Gears Up for Proxy Fight With Elliott Investment

Elliott Investment is seeking major changes at Southwest Airlines, including several board seats. Here's what a proxy battle could mean.

Kiplinger

Chipotle CEO to take over at Starbucks

Starbucks founder Howard Schultz says Chipotle's Brian Niccol has his "respect and full support"

Salon

Gail's is just a posh Greggs — but that's not what Walthamstow is angry about

We’ve had this argument before — only, it used to be about Starbucks, or Pizza Express

Evening Standard

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Ousted Starbucks CEO will get millions on the way out

The coffee chain hasn’t disclosed outgoing CEO Laxman Narasimhan’s termination agreement, but he has millions on the table to smooth his exit.

Fortune

Starbucks' interim CEO cashed in on $342,000 stock sale the day reshuffle was announced

Ruggeri sold the 3,750 stocks yesterday for $341,850 under a Rule10b5-1 trading agreement, which allows business insiders and executives to trade their shares in a publicly listed company without risk of breaking the law.

Fortune

How the Starbucks board can set its new CEO up for success

Howard Schultz has been a major part of the company for years, whether the board likes it or not.

Fortune

Brian Niccol may well be the messiah Starbucks—and Howard Schultz—have been looking for

Schultz remains the largest shareholder—and he just helped drive out his fourth attempted successor, Laxman Narasimhan.

Fortune

Chipotle's CEO just bolted—but the company is in good hands, say analysts

CFO Jack Hartung has postponed his retirement and is taking on a newly created position.

Fortune

Can Brian Niccol turn Starbucks around

Brian Niccol faces falling sales, changing consumer habits, and an acrimonious unionization effort.

Fortune

Stock Index Futures Tread Water as Key U.S. Inflation Data Looms

September S&P 500 E-Mini futures (ESU24) are up +0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.09% this morning as market participants held back from making any big bets ahead of the release of the U.S. consumer inflation report.

Barchart

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The Independent UK

Starbucks shares jump 24% after coffee giant replaces CEO with Chipotle boss

Chipotle sales skyrocketed after Brian Niccol started at the company in 2018

Barchart

Stocks Settle Higher on Favorable PPI Report

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +1.68%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.50%. US stocks settled moderately higher on Tuesday, with the S&P 500 and Nasdaq 100...

Kiplinger

Stock Market Today: Markets Power Higher on Cooler Inflation Data

A promising reading on wholesale inflation and the upcoming consumer price report have investors anticipating a rate cut in September.

Fortune

The Starbucks CEO replacement is just the latest victory for Elliott Investment

Here are 5 other times it shook up a giant company

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Fortune

Starbucks shares jump 20% after company poaches Chipotle CEO

Niccol led a major turnaround at Chipotle after taking the reins in March 2018, overseeing a 770% increase in the company’s stock price.

Fortune

Starbucks just hired Chipotle's savior as their new CEO—will he be able to rescue a company in crisis?

The architect of Chipotle's turnaround is taking on America's most famous coffee company.

Fortune

Inside the new Starbucks CEO’s daily routine while he was running Fortune 500 giant Chipotle

Before Brian Niccol was tapped to lead Starbucks, he revealed his go-to Chipotle order to Fortune.

Fortune

How Starbucks’ new CEO Brian Niccol went from fast-food Frankenstein to Chipotle’s redeemer

Niccol helped create Taco Bell’s mega-viral Doritos Locos Taco before leading Chipotle’s food safety crisis turnaround.

Kiplinger

Chipotle Stock Sinks As CEO Heads to Starbucks

Chipotle stock is plunging Tuesday after the burrito chain said its CEO Brian Niccol is leaving to take the top spot at Starbucks. Here's what you need to know.

Kiplinger

Starbucks Stock Soars After Tapping Brian Niccol as Its New CEO

Starbucks stock is surging Tuesday after the coffee chain named current head of Chipotle, Brian Niccol, as its next CEO. Here's what you need to know.

Barchart

Stocks Rally on a Muted US July PPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.92%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.50%. US stocks today are moderately higher, with the S&P 500 and Nasdaq 100 posting...

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