Starbucks Management
Management criteria checks 1/4
Starbucks' CEO is Laxman Narasimhan, appointed in Mar 2023, has a tenure of 1.17 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 $3.08M. The average tenure of the management team and the board of directors is 1.8 years and 1.3 years respectively.
Key information
Laxman Narasimhan
Chief executive officer
US$14.6m
Total compensation
| CEO salary percentage | 8.7% |
| CEO tenure | 1.2yrs |
| CEO ownership | 0.004% |
| Management average tenure | 1.8yrs |
| Board average tenure | 1.3yrs |
Recent management updates
Recent updates
Starbucks: Not Feeling It Yet
May 13Starbucks: Better China Activity Bodes Well Into Earnings, Eyeing Margins
Apr 28Starbucks Corporation (NASDAQ:SBUX) Not Lagging Market On Growth Or Pricing
Apr 15
Many Would Be Envious Of Starbucks' (NASDAQ:SBUX) Excellent Returns On Capital
Mar 27Starbucks: This Former Barista Says, Wait For The Robots
Mar 25Starbucks: A Premium Price For A Premium Company
Mar 18A Look At The Fair Value Of Starbucks Corporation (NASDAQ:SBUX)
Mar 09Starbucks: Out Of Steam Or Just Warming Up? (Technical Analysis)
Feb 29Why I Just Bought More Starbucks For The First Time In Years
Feb 23Is It Time To Consider Buying Starbucks Corporation (NASDAQ:SBUX)?
Feb 20Starbucks: I'm Brewing Up Another Strong Buy
Feb 05Starbucks: Buying Before Earnings
Jan 24Starbucks: Why I Started A Position In This Dividend Growth Machine
Jan 14Starbucks Corporation (NASDAQ:SBUX) Not Lagging Market On Growth Or Pricing
Dec 26A Look At The Fair Value Of Starbucks Corporation (NASDAQ:SBUX)
Dec 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$4b |
| 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 about average for companies of similar size in the US market ($USD13.58M).
Compensation vs Earnings: Insufficient data to compare Laxman's compensation with company performance.
CEO
Laxman Narasimhan (55 yo)
1.2yrs
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 | 1.2yrs | US$14.60m | 0.0036% $ 3.1m | |
| Founder & Chairman Emeritus | 39.3yrs | US$757.60k | 1.92% $ 1.6b | |
| Executive VP | 3.3yrs | US$6.75m | 0.0061% $ 5.2m | |
| Executive VP & General Counsel | 1.1yrs | US$2.97m | 0.000030% $ 25.7k | |
| Chief Executive Officer of North America | 9.4yrs | US$8.42m | 0.0072% $ 6.1m | |
| Executive VP & Chief Partner Officer | 1.8yrs | US$3.60m | 0.0041% $ 3.5m | |
| Senior VP of Corporate Finance | less than a year | no data | no data | |
| Executive VP & CTO | 2yrs | 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 VP of North America & Chief Marketing Officer | less than a year | no data | no data |
1.8yrs
Average Tenure
55yo
Average Age
Experienced Management: SBUX'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 | 1.2yrs | US$14.60m | 0.0036% $ 3.1m | |
| Founder & Chairman Emeritus | less than a year | US$757.60k | 1.92% $ 1.6b | |
| Chairwoman & Co-Chief Executive Officer of Starbucks China | 1.3yrs | no data | no data | |
| Independent Director | 1.2yrs | US$309.93k | no data | |
| Independent Director | 7.2yrs | US$309.93k | 0.00043% $ 368.4k | |
| Independent Non-Executive Chair | 19.3yrs | US$494.95k | 0.059% $ 50.3m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 7.2yrs | US$329.90k | 0.0016% $ 1.4m | |
| Independent Director | 4.7yrs | US$339.94k | 0% $ 0 | |
| Independent Director | less than a year | US$164.29k | no data | |
| Independent Director | 4.7yrs | US$329.90k | 0.00088% $ 753.9k | |
| Independent Director | less than a year | no data | no data |
1.3yrs
Average Tenure
54.5yo
Average Age
Experienced Board: SBUX's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.