Connect with us

Headlines

Go Ahead, Guess How Much Money Starbucks CEO Howard Schultz Makes Per Hour

mm

Published

on

The top four highest-paid retail and restaurant CEOs all make at least $9,000 every 60 minutes.

After combing through data from S&P Market Intelligence, USA Today compiled a ranking of the 10 highest-paid CEOs in the restaurant and retail industries. The article says that the data spans 76 restaurant and retail companies in the Standard & Poor’s Composite 1500 that have disclosed their executive pay for the 2015 fiscal year. As the figures below indicate, being the head honcho of a publicly traded retail giant is “nice work, if you can get it,” says Brandon Rees, deputy director of the office of investment at labor union AFL-CIO.

Here are the top 10 highest-paid restaurant and retail CEOs on a per-hour basis, according to the news outlet:

  • Larry Merlo, CVS Health – $13,915
  • Leslie Wexner, L Brands – $13,062
  • Howard Schultz, Starbucks – $9,659
  • Doug McMillon, Walmart – $9,323
  • Steven Ells, Chipotle – $6,653
  • Montgomery Moran, Chipotle – $6,520
  • Robert Niblock, Lowe’s – $6,325
  • Hubert Joly, Best Buy – $6,220
  • Thomas Folliard, CarMax – $5,623
  • Terry Lundgren, Macy’s – $5,623

Read more at USA Today

Advertisement

Continue Reading
Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Retirement Made Easy with Wilkerson

The store was a landmark in Topeka, Kansas, but after 80 years in business, it was time for Briman’s Leading Jewelers to close up shop. Third generation jeweler and owner Rob Briman says the decision wasn’t easy, but the sale that followed was — all thanks to Wilkerson. Briman had decided a year prior to the summer 2020 sale that he wanted to retire. With a pandemic in full force, he had plenty of questions and concerns. “We had no real way to know if we were going to be successful or have a failure on our hands,” says Briman. “We didn’t know what to expect.” But with Wilkerson in charge, the experience was “fantastic” and now there’s plenty of time for relaxing and enjoying a more secure retirement. “I would recommend Wilkerson to any retailer considering a going-out-of-business sale,” says Briman. “They’ll help you reach your financial goal. Our experience was a tremendous success.”

Promoted Headlines

Most Popular