ProxyMiner / Company

STARBUCKS CORPSBUX

Latest proxy: 2026 · view on SEC ↗ · CIK 0000829224

CEO total pay

Not extracted

Say on pay

Not disclosed

Use Ask for the underlying narrative

CEO pay ratio

Item 402(u)

794 to 1

Median employee: $30,992,773

Compensation committee

CD&A

Compensation Committee

Per the latest proxy

Filings indexed: 2 · 2026 · 2025

Executive pay

What did they pay them?

From the Summary Compensation Table. Pay mix and YoY are computed from these rows.

ExecutiveRoleTotalYoYPay mixSalaryStockCash incentiveOther
Brian Niccol chairman and chief executive2025 compensation
Named executive officer
$30,992,773 68%
87% at-risk
$1,599,998$19,881,585$1,971,000$2,540,190
Cathy Smith executive vice president, chief financial2025 compensation
Named executive officer
$15,766,023
97% at-risk
$462,498$12,459,305$328,697$15,523
Brady Brewer chief executive officer, Starbucks International2025 compensation
Named executive officer
$10,947,811 84%
92% at-risk
$775,008$9,647,346$424,313$101,144
Sara Kelly2025 compensation
executive vice president chief partner officer
$9,407,806
92% at-risk
$664,424$8,255,917$364,298$123,167
Mike Grams executive vice president, chief operating2025 compensation
Named executive officer
$8,666,624
93% at-risk
$457,692$7,286,612$307,442$114,878
Rachel Ruggeri former executive vice president, chief financial2025 compensation
Named executive officer
$6,782,716
64% at-risk
$494,312$4,366,852$0$1,921,552
Val Bauduin interim chief financial2025 compensation
Named executive officer
$1,983,600
72% at-risk
$524,992$1,263,902$165,309$29,397

Pay mix: base cash incentive equity other

CD&A excerpt

Compensation discussion & analysis

Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.

(2) With the exception of Ms. Mayer and Dr. Moyo, the amounts shown in this column represent the grant date fair values of the RSU awards granted to each of the non-employee directors on March 12, 2025. The amount shown for each of Ms. Mayer and Dr. Moyo represents the grant date fair value of RSU awards granted on July 1, 2025, and their awards were prorated accordingly. The grant date fair value of the RSU awards was calculated based on the closing price of the Company’s common stock on the date of grant. (3) Stock options, which were granted in prior Plan Years, have an exercise price equal to the closing market price of our common stock on the grant date and have a 10-year term from the date of grant. As of September 28, 2025, the only non-employee director who had any outstanding option awards was Mr. Knudstorp, who held options for an aggregate 49,289 shares. As of the date of her departure from the Board, Ms. Hobson did not have any outstanding option awards. (4) Ms. Hobson retired from the Board on March 12, 2025. 36 STARBUCKS 2026 PROXY CORPORATE GOVERNANCE Pursuant to Section 14A of the Exchange Act, we are asking shareholders to approve, on a nonbinding, advisory basis,

Read the full CD&A on SEC.gov ↗

Peer comparison

Who they benchmark against

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Governance

Policy guardrails

  • hedging

    Anti-hedging and pledging policies that apply to all partners

    Anti-hedging and pledging policies that apply to all partners

  • pledging

    prohibited

    Our Insider Trading Policy also prohibits partners and directors from holding Starbucks stock in a margin account or pledging Starbucks stock as collateral for a loan

  • clawback

    present

    Recoupment policy

  • stock ownership guidelines

    present

    Executive stock ownership guidelines

  • change in control

    No excise tax gross-ups upon a change in control

    No excise tax gross-ups upon a change in control

  • compensation consultant

    independent

    independent compensation consultant

  • compensation committee

    Compensation Committee

    Among other considerations, the Compensation Committee considered Ms

Performance markers

Metric facts

  • revenue

    $36.5 billion

    goals were set at levels that were below the equivalent targets used for fiscal year 2024, the Compensation Committee determined that such targets were appropriate as they would require meaningful performance in the cont

  • operating income

    $5.47 billion

    meaningful performance in the context of the Company’s continued turnaround efforts during fiscal year 2025. The Adjusted Net Revenue Target was set above the fiscal year 2024 actual Adjusted Net Revenue result ($36.5 bi

  • annual incentive payout

    30.38%

    Bauduin’s individual performance factor payout, as he participated in a separate bonus plan for senior vice presidents.

  • performance equity mix

    Further, we made changes to the design of our performance-based RSU (“PRSU”) program for fiscal year 2025 to provide clarity regarding our long-term objectives, incentivize long-term sales growth, and more closely align

  • time equity mix

    100%

    Time-based RSUs vest over a four-year period, subject to continued service with the Company, and become more valuable as our stock price increases, which aligns the recipients’ interests with the interests of our shareho

  • ceo pay ratio

    794 to 1

    an average exchange rate for the fiscal year. The fiscal year 2025 annual total compensation for Mr. Niccol was $30,992,773, as reported in the Summary Compensation Table of this proxy statement. The fiscal year 2025 ann

  • median employee compensation

    $30,992,773

    the other benefits provided to our partners. This allows total compensation of the median partner to represent the median of all partners based on elements of compensation shared generally among our partners worldwide. C

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