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Schultz Tops Executive Perk List

The Puget Sound area of Washington State is home of some of the largest publicly traded companies in the US, including Starbucks and Microsoft. The Seattle Post-Intelligencer compiled a chart to compare the salary and other benefits of executives in that part of the country and Starbucks chairman Howard Schultz eclipsed the competition with $104 million in executive perks. One standout in the list of perks was the expense of his personal travel expenses in Starbucks company aircraft. Schultz racked up a bill of $475,685 last year - four to eight times what the average public company gives to their execs. As a contrast, Starbucks CEO James Donald only spent about $11,000 on personal travel perks on company aircraft. Starbucks has two jets, a 2002 Gulfstream GV and a 2004 Bombardier Challenger 604.


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