00:00Starbucks said CEO Brian Nichol received total compensation of $31 million in fiscal 2025,
00:07down from $96 million in fiscal 2024, according to a filing released Monday, according to Bloomberg.
00:13The 2025 package included a $5 million bonus and nearly $20 million in stock awards tied in part to company performance.
00:21In fiscal 2024, Nichol received a stock award of more than $90 million as part of a package designed to recruit him from Chipotle.
00:29Nichol became Starbucks' CEO in September 2024 and launched a turnaround plan to revive growth.
00:36Starbucks' shares fell 7.7% in 2025, marking the fourth straight year of declines.
00:42The stock drop limited Brian Nichol's fiscal year pay and prevented him from receiving performance-based compensation.
00:49The company reports first quarter earnings on Wednesday.
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