Newly appointed Starbucks CEO Brian Niccol will not be required to relocate to the company’s headquarters in Seattle. Instead, he will commute from his home in Newport Beach, California, using a corporate jet. His work arrangement highlights the growing trend of "supercommuting" among top executives, increasingly negotiating flexible work conditions. This reflects a broader shift in corporate attitudes toward remote work, especially for senior-level employees, as companies compete to attract top talent.
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00:00It's Benzinga, and here's what's on the block.
00:02Newly appointed Starbucks CEO Brian Nickel will not be required to relocate to the company's
00:07headquarters in Seattle.
00:08Instead, he will commute from his home in Newport Beach, California using a corporate
00:12jet.
00:13His work arrangement highlights the growing trend of supercommuting among top executives
00:17who are increasingly negotiating flexible work conditions.
00:21This reflects a broader shift in corporate attitudes toward remote work, especially for
00:25senior-level employees, as companies compete to attract top talent.
00:28For all things money, visit Benzinga.com.