Starbucks CEO Earned 6,666 Times More Than Median Worker in 2024, Highlighting Soaring Executive Pay Gap

AFL-CIO report reveals widening income inequality as CEO compensation hits record highs while workers see modest wage increases Starbucks’ coffee isn’t the only thing getting supercharged—the company’s executive compensation is also reaching sky-high levels. According to the AFL-CIO’s annual Executive Paywatch report, Starbucks CEO Brian Niccol earned a staggering 6,666 times more than the company’s typical worker in 2024. This marks the widest pay gap among the nation’s 500 largest public companies, a stark symbol of America’s growing income inequality. Niccol, who assumed leadership of Starbucks in September last year, received nearly $98 million in total compensation. In comparison, the … Continue reading Starbucks CEO Earned 6,666 Times More Than Median Worker in 2024, Highlighting Soaring Executive Pay Gap