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

Published

7 years ago

April 19, 2016

INSTORE Staff

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

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