Reported about 2 months ago
Laxman Narasimhan, the ousted CEO of Starbucks, will depart with a substantial severance package totaling approximately $10.6 million, including salary and bonuses, despite overseeing a $32 billion drop in the company's market value during his tenure. His potential earnings could be even higher if he negotiates additional agreements or collects unvested equity awards, although his exit raises questions about the circumstances leading to his departure amid declining sales.
Source: YAHOO