Wednesday, July 17, 2019

Starbucks Corp Top-Tier Executives Average Pay Raise Was a Robust 16.4% Per Year During the Past Ten Years (Sept 2009-Sept 2018)

From Company Proxy Statement filings with the SEC, below are Starbucks Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

Starbucks Top-Tier Executives Average Annual Pay Raise of a robust 16.4% per year over the past 10 years is smack dab in the middle of the seven largest Retail Companies I have researched and made similar posts on:

  1. Amazon +659.0% per year for past ten years
  2. McDonald's +30.7% per year for past ten years
  3. Walgreens Boots Alliance +22.2% per year for past ten years
  4. Starbucks +16.4% per year for past ten years
  5. Costco +7.1% per year for past ten years
  6. Home Depot +6.5% per year for past ten years
  7. Walmart +5.8% per year for past ten years
To fix Income Inequality driven mainly by Company and its Board of Director choices on Percentage Annual Pay Raises, the US Government should step in and pass wisely-designed Fair Pay Raise Income Inequality Narrowing Company tax incentives ..... the carrot ..... and Company wise tax disincentives ..... the stick.  

And the continuing annual net tax revenues raised by the US Government here should be set up in a separate fund to be used only for wise additional income inequality narrowing initiatives.  This fund should be run by an outside group made up entirely of minorities harmed the most by Income Inequality Expansion of the past decades  .....all women, all blacks, all Latinos, all other non-white people, all past and present union members, all LGBTQ, all non-employee contract workers and all middle and lower income people of all ages.


Also, the US Government should require all US Corporate Boards to include at least one worker representative and to exclude any Company Executive. 

I have researched and made posts on Top-Tier Executives Long-Term Average Annual Pay Raise per year for each of the 30 Dow Industrial Companies and for 22 of the largest Non-Dow Technology Companies.  


I am now turning my attention to large Non-Dow, Non-Technology Companies and I have started with the US Retailers.  

My objective is to get an even better handle on just why the US has such massive continuing Income Inequality Expansion ..... it appears to be predominantly about the relative long-term annual pay raise percentages, coupled with the stock price appreciation subsequent to the time the Top-Tier Executives were rewarded in their pay with stock equity compensation.


FYE
FYE
FYE
FYE
FYE
FYE
FYE
FYE
FYE
FYE

Sept
Sept
Sept
Sept
Sept
Sept
Sept
Sept
Sept
Sept
Starbucks
2018
2017
2017
2016
2016
2015
2015
2014
2014
2013
Top-Tier
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Executive
Comp
Comp
Comp
Comp
Comp
Comp
Comp
Comp
Comp
Comp
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
Howard Schultz Executive Chairman  N/A   N/A      17,981     21,815     21,815     20,091     20,091     21,466     21,466     17,243
Kevin Johnson CEO      13,382     11,480     11,480     11,058  N/A   N/A     
Scott Maw CFO       5,981       5,762       5,762       4,385       4,385       3,654       3,654       2,215  N/A   N/A 
Rosalind Brewer President Americas and COO  N/A   N/A             
Clifford Burrows President Siren Retail       5,580       5,366       5,366       4,967       4,967       4,857       4,857       7,637       7,637       3,547
John Culver President International       5,907       5,367       5,367       5,244       5,244       3,837       3,837       6,333       6,333       3,805
Paul Mutty Interim General Counsel  N/A   N/A 
Lucy Helm Former General Counsel  N/A   N/A 
Troy Alstead Former COO  N/A   N/A        6,120       3,022
Totals     30,850     27,975     45,956     47,469     36,411     32,439     32,439     37,651     41,556     27,617
Annual % Change vs Prior Year 10.3% -3.2% 12.2% -13.8% 50.5%
FYE
FYE
FYE
FYE
FYE
FYE
FYE
FYE
FYE
FYE

Sept
Sept
Sept
Sept
Sept
Sept
Sept
Sept
Sept
Sept
Starbucks
2013
2012
2012
2011
2011
2010
2010
2009
2009
2008
Top-Tier
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Executive
Comp
Comp
Comp
Comp
Comp
Comp
Comp
Comp
Comp
Comp
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
Howard Schultz Executive Chairman     17,243     28,910     28,910     16,079     16,079     21,733     21,733     14,971     14,971       9,740
Scott Maw CFO    
Clifford Burrows President Siren Retail       3,547       4,245       4,245       4,326       4,326       3,790       3,790       2,224       2,224       1,671
John Culver President International       3,805       2,842       2,842       2,771       2,771       3,391  N/A   N/A     
Troy Alstead Former COO       3,022       4,133       4,133       4,287       4,287       3,458       3,458       1,415  N/A   N/A 
Jeff Hansberry President China & Asia Pacific       2,417       4,379       4,379       2,454  N/A   N/A     
Arthur Rubinfeld PresidentGlobalDevelopment       2,451       2,798       2,798       1,813  N/A   N/A 
Totals     30,034     44,509     44,509     29,917     29,914     35,170     31,779     20,423     17,195     11,411
Annual % Change vs Prior Year -32.5% 48.8% -14.9% 55.6% 50.7%
10 Year Average Per Year % Change 16.4%