Starbucks Removes $250,000-a-Year Cap for CEO’s Private Jet Use - Bloomberg

Starbucks Removes CEO Jet Expense Cap

Following a security review, Starbucks now mandates CEO Brian Niccol use the company jet for all travel—personal and business—with no reimbursement required.

Previously capped at $250,000/year, personal jet use is now fully covered. The board cited “credible threat actors” and heightened security risks post-UnitedHealthcare CEO shooting.

FY2025 costs: $1.1M security, ~$1M jet usage, $370K+ housing expenses.

Part of a broader trend: many US companies are requiring CEOs to use corporate jets and enhancing executive security measures.​​​​​​​​​​​​​​​​

Edward Kiledjian @ekiledjian