Starbucks CEO makes 1,049 times more than its median employee

[Yo_Mama_Been_Loggin]

Starbucks Corp. CEO Kevin Johnson made 1,049 times more than the Seattle-based company's median employee, according to a proxy disclosure filed Friday.

It's the first time Starbucks has disclosed its pay gap since the Dodd-Frank Wall Street Reform and Consumer Protection Act required public companies to do so.

Johnson's nearly $13.4 million total compensation last year included a $1,461,533 salary, nearly $6.7 million in stock awards, an additional $4.2 million in stock options, a $960,000 annual incentive bonus and $67,000 in other compensation including retirement contributions, life insurance and home security services and equipment.

Starbucks' median employee, which the company said is a part-time barista in California, made $12,754 in total compensation last year.

https://www.bizjournals.com/seattle/news/2019/01/25/starbucks-ceo-kevin-johnson-pay-gap.html?ana=e_du_prem&s=article_du&ed=2019-01-28&u=ColXVN5SPzQtLHFP87ho2w07857290&t=1548725220&j=86321891

[struggle4progress]

1. "I'm just an ordinary lower middle-class sort-of-guy"

[Maraya1969]

2. The entire wage disparity that Schultz participated in as CEO makes him disqualified to be president

I sent a message to him about how the baristas have to have tip jars to supplement their pitiable salaries when he was taking 25 million/year for himself.

He is unfit. Period.

[Wounded Bear]

3. Is that all? He's just a good old boy, ain't he...