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Starbucks Requires CEO Brian Niccol to Use Company Jet for All Travel, Drops Personal-Use Cap

A security assessment prompted the board’s change.

Overview

  • Regulatory filings state Niccol must fly on company aircraft for every trip, including personal travel, following a security review.
  • The board removed a prior $250,000 annual cap on personal use and instituted quarterly reviews by the Compensation Committee chair with no new spending limit.
  • Filings report 2025 compensation of about $30.9 million, including a $5 million bonus and nearly $20 million in stock awards.
  • Disclosed travel and protection costs include roughly $997,000 for company jet use and about $1.1 million for security in 2025.
  • Documents and prior disclosures note Starbucks operates Gulfstream jets, recently sought a pilot with a listed salary range of $207,000 to $360,300, and set up a satellite office near Niccol’s Southern California residence.