Zohran Mamdani Says Starbucks CEO Brian Niccol Made $95 Million Last Year, While His Workers Struggle For The 'Bare Minimum'

Benzinga_recent_news12-03 12:39

New York City Mayor-elect Zohran Mamdani used a Starbucks Corp. (NASDAQ:SBUX) pay fight to draw a sharp contrast between executive wealth and barista wages this week, pointing to CEO Brian Niccol's ...

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(NASDAQ:SBUX) pay fight to draw a sharp contrast between executive wealth and barista wages this week, pointing to CEO Brian Niccol's ...</p>\n\n<a href=\"https://www.benzinga.com/news/politics/25/12/49177114/zohran-mamdani-says-starbucks-ceo-brian-niccol-made-95-million-last-year-while-his-workers-struggle-for-the-bare-minimum\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4610","symbol_name":"咖啡茶饮","start_time":0,"source_url":"https://www.benzinga.com/news/politics/25/12/49177114/zohran-mamdani-says-starbucks-ceo-brian-niccol-made-95-million-last-year-while-his-workers-struggle-for-the-bare-minimum","article_id":"2588097013","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/02/Sliwa-Positions-Against-Mamdani.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/news/politics/25/12/49177114/zohran-mamdani-says-starbucks-ceo-brian-niccol-made-95-million-last-year-while-his-workers-struggle-for-the-bare-minimum","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2588097013","pubTimestamp":1764736740,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"NYC Mayor-elect Zohran Mamdani joined Starbucks workers on a picket line, highlighting the CEO's $95 million pay while workers strike for better conditions.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4610":"咖啡茶饮","IE00B3T34201.USD":"BNY MELLON GLOBAL EQUITY INCOME \"B\" (USD) INC","BK4209":"餐馆","LU0882574139.USD":"富达环球消费行业基金A ACC","BK4588":"碎股","BK4504":"桥水持仓","BK4585":"ETF&股票定投概念","BK4535":"淡马锡持仓","SBUX":"星巴克","LU0823411888.USD":"法巴消费创新基金 Cap"},"translate_title":"Zohran Mamdani表示星巴克首席执行官Brian Niccol去年赚了9500万美元，而他的员工却在为“最低工资”而奋斗","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SBUX":1.5},"content_text":"New York City Mayor-elect Zohran Mamdani used a Starbucks Corp. (NASDAQ:SBUX) pay fight to draw a sharp contrast between executive wealth and barista wages this week, pointing to CEO Brian Niccol's nearly $95 million payday as workers strike for a first union contract and more predictable hours.\n\"Starbucks CEO Brian Niccol made $95 million last year. His workers are striking for the bare minimum. Glad to be on the right side of the picket line with them,\" Mamdani wrote on X on Tuesday.\nMamdani and Sen. Bernie Sanders (I-Vt.) joined Starbucks Workers United members on a Brooklyn picket line Monday, weeks into an open-ended walkout that began on Red Cup Day, one of the chain's busiest promotions. Sanders, on Friday, had highlighted the same pay disparity to argue that the company’s priorities were out of balance.\nSee Also: Jeff Bezos, Mark Zuckerberg And Elon Musk Got Richer Since Trump Came To Power, Says Bernie Sanders — New Data Shows He May Have A Point\nSpeaking alongside striking baristas, Mamdani pledged that his incoming administration would back organizing campaigns and \"hold these kinds of corporations accountable,\" according to HuffPost. He said he intends to keep joining picket lines after taking office Jan. 1 and to use the mayor's platform to spotlight labor violations.\nThe showdown comes on the heels of a record labor settlement. According to Reuters, on Monday, city officials announced Starbucks will pay $38.9 million to resolve more than 500,000 alleged violations of the Fair Workweek Law at over 300 locations, including last-minute schedule changes and cuts to hours without consent. Roughly $35.5 million will go to more than 15,000 workers, who are expected to receive checks as soon as this winter.\nNiccol, recruited in 2024 to lead Starbucks' turnaround, received total compensation of about $95.8 million last year, a package analysts say produced one of the largest CEO-to-worker pay gaps in the S&P 500.\nPrice Action: Starbucks shares were up 0.34% at $85.20 at market close on Tuesday, according to Benzinga Pro data.\nAccording to Benzinga Edge Stock Rankings, Starbucks scores in the 27th percentile for Momentum and 79th for Growth. Check here to see how it stacks up against competing restaurant stocks.\nRead Next: \nImage via Ron Adar / Shutterstock.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588097013","isCrawlerRequest":true}