Schultz Tops Executive Perk List

by Nicole Weston (RSS feed)
Feb 26th 2007 at 4:05PM

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.

Tags: executive, flight, perks, price, starbucks