Starbucks CEO Pay Ratio Widest in S&P 500
Starbucks CEO Brian Niccol received $97.8 million in compensation in fiscal 2024, while the median Starbucks employee earned $14,674, resulting in a pay ratio of 6,665 to 1. This is the widest CEO-to-worker pay gap in the S&P 500 index. The disparity reflects broader trends in the food service industry, where pay ratios vary significantly by chain. The data comes from company filings analyzed by executive compensation data firm Equilar. Starbucks' ratio far exceeds the S&P 500 median of 196 to 1. Niccol's compensation includes stock awards and bonuses tied to performance metrics. The company has faced criticism from labor unions and activists over wage inequality.
Key facts
- Brian Niccol's compensation was $97.8 million in fiscal 2024.
- Median Starbucks employee pay was $14,674.
- CEO-to-worker pay ratio is 6,665 to 1.
- This is the widest ratio in the S&P 500.
- S&P 500 median ratio is 196 to 1.
- Data from Equilar.
- Niccol's pay includes stock awards and bonuses.
- Starbucks has faced criticism over wage inequality.
Entities
Institutions
- Starbucks
- Equilar
- S&P 500
Sources
- Quartz —