“That’s nice… good convenience for top talent! But hope we don’t see too many new ‘sustainability’ and ‘environment’ related ads from @starbucks? *Wink*,” said one X user., external
“The new Starbucks CEO is ‘supercommuting’ 1,000 miles to Seattle on a private jet to work, so don’t be too harsh on that waitress who gave you a plastic straw when you didn’t want one,” said another, external.
Others focused on how much Mr Niccol is set to get paid in his new job.
“How come we never talk about CEO pay when we talk about rising prices?” former US Secretary of Labor Robert Reich posted, external.
According to the terms of his offer, Mr Niccol’s annual base pay will be $1.6m (£1.2m). On top of that he could get a performance-related bonus of as much as $7.2m and up to $23m a year of Starbucks shares.
A report published by the United Nations in 2021 showed that the world’s wealthiest 1% of people produced double the combined carbon emissions of the poorest 50%.
Starbucks announced this month that Mr Niccol would be replacing Laxman Narasimhan as its chief executive.
The announcement came as the coffee chain looks to boost flagging sales.
Mr Niccol had led the Mexican fast food chain Chipotle since 2018, helping it to recover from a crisis after outbreaks of food poisoning.
During his time in the role the firm’s sales doubled and its shares surged from less than $7 each to more than $50.
Chipotle also opened almost 1,000 new stores and new technologies were introduced to automate food preparation.
In recent months, it has been seen as a bright spot in the restaurant industry, where many businesses have reported that customers are cutting spending.
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