Nine dollars for a Starbucks is an ‘affordable luxury’? CEOs need to wake up and smell the coffee | Arwa Mahdawi

The head honcho thinks splurging nearly $10 on a beverage during a cost-of-living crisis is fine for a ‘special experience’. It’s time to offer my own valuable advice I don’t mean to vent, but what is up with Starbucks CEO Brian Niccol’s obscenely large compensation package? Niccol, who joined the company in 2024, is one of the best-paid executives in the US, raking in $96m (£70m) in just his first four months on the job. The man makes 6,666 times more than the company’s typical employee, acc...

By Arwa Mahdawi