Starbucks CEO Kevin Johnson's 2021 pay jumps 39% to $20M
Starbucks reports 2021 executive compensation
By ExecPay News
Published: January 28, 2022
Starbucks reported fiscal year 2021 executive compensation information on January 28, 2022.
In 2021, seven Starbucks executives received on average a compensation package of $8M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Starbucks
Kevin R. Johnson, Chief Executive Officer, received $20M in total, which increased by 39% compared to 2020. 72% of Johnson's compensation, or $15M, was in stock awards. Johnson also received $4M in non-equity incentive plan, $1.6M in salary, as well as $31K in other compensation.
For fiscal year 2021, the median employee pay was $12,935 at Starbucks. Therefore, the ratio of Kevin R. Johnson's pay to the median employee pay was 1,579 to one.
John Culver, Chief Operating Officer, received a compensation package of $9.4M, which increased by 45% compared to previous year. 69% of the compensation package, or $6.4M, was in stock awards.
Michael Conway, Group President, earned $6.5M in 2021.
Rosalind G. Brewer, Chief Operating Officer, received $6M in 2021, which decreases by 17% compared to 2020.
Rachel A. Gonzalez, General Counsel, earned $5.3M in 2021.
Patrick J. Grismer, Chief Financial Officer, received $4.9M in 2021, which increases by 15% compared to 2020.
Rachel Ruggeri, Chief Financial Officer, earned $3.3M in 2021.
Starbucks' fiscal year ends on September 27.
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Source: SEC filing on January 28, 2022.