Starbucks Management
Management criteria checks 0/4
Starbucks' CEO is Laxman Narasimhan, appointed in Mar 2023, has a tenure of 1.08 years. total yearly compensation is $14.60M, comprised of 8.7% salary and 91.3% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth €3.37M. The average tenure of the management team and the board of directors is 1.8 years and 1.2 years respectively.
Key information
Laxman Narasimhan
Chief executive officer
US$14.6m
Total compensation
| CEO salary percentage | 8.7% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.004% |
| Management average tenure | 1.8yrs |
| Board average tenure | 1.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$4b |
| Oct 01 2023 | US$15m | US$1m | US$4b |
| Jul 02 2023 | n/a | n/a | US$4b |
| Apr 02 2023 | n/a | n/a | US$4b |
| Jan 01 2023 | n/a | n/a | US$3b |
| Oct 02 2022 | US$9m | n/a | US$3b |
Compensation vs Market: Laxman's total compensation ($USD14.60M) is above average for companies of similar size in the German market ($USD5.66M).
Compensation vs Earnings: Insufficient data to compare Laxman's compensation with company performance.
CEO
Laxman Narasimhan (55 yo)
1.1yrs
Tenure
US$14,604,531
Compensation
Mr. Laxman Narasimhan serves as Independent Director at Verizon Communications Inc. since July 01, 2021. He had been an Executive Director of Reckitt Benckiser Group plc since July 16, 2019 until September...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.1yrs | US$14.60m | 0.0036% $ 3.4m | |
| Founder & Chairman Emeritus | 39.3yrs | US$757.60k | 1.92% $ 1.8b | |
| Executive VP | 3.2yrs | US$6.75m | 0.0061% $ 5.7m | |
| Executive VP & General Counsel | less than a year | US$2.97m | 0.000030% $ 28.0k | |
| Chief Executive Officer of North America | 9.3yrs | US$8.42m | 0.0072% $ 6.7m | |
| Executive VP & Chief Partner Officer | 1.7yrs | US$3.60m | 0.0041% $ 3.8m | |
| Executive VP & CTO | 1.9yrs | no data | no data | |
| Vice President of Investor Relations & ESG Engagement | no data | no data | no data | |
| Senior VP | 5.3yrs | no data | no data | |
| Executive VP & Chief Communications Officer | less than a year | no data | no data | |
| Senior Vice President of Global Growth & Concepts | no data | no data | no data | |
| Chief Executive Officer of Starbucks International | less than a year | no data | 0.0049% $ 4.6m |
1.8yrs
Average Tenure
55yo
Average Age
Experienced Management: SRB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.1yrs | US$14.60m | 0.0036% $ 3.4m | |
| Founder & Chairman Emeritus | less than a year | US$757.60k | 1.92% $ 1.8b | |
| Chairwoman & Co-Chief Executive Officer of Starbucks China | 1.3yrs | no data | no data | |
| Independent Director | 1.1yrs | US$309.93k | no data | |
| Independent Director | 7.1yrs | US$309.93k | 0.00043% $ 401.6k | |
| Independent Non-Executive Chair | 19.2yrs | US$494.95k | 0.059% $ 54.9m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 7.1yrs | US$329.90k | 0.0016% $ 1.5m | |
| Independent Director | 4.6yrs | US$339.94k | 0% $ 0 | |
| Independent Director | less than a year | US$164.29k | no data | |
| Independent Director | 4.6yrs | US$329.90k | 0.00088% $ 821.9k | |
| Independent Director | less than a year | no data | no data |
1.2yrs
Average Tenure
54.5yo
Average Age
Experienced Board: SRB's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.