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The 10 Best-Paid CEOs of 2012

The perks of being a head honcho just keep on growing

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#7: Howard Schultz, Starbucks

Starbucks SBUXTotal Compensation: $28.9 million
2012 Performance: +18%

Next up: a man who doesn’t just get a caramel macchiato whenever he feels like it, but a big pile of pay to go with it.

Perks for Starbucks (NASDAQ:SBUX) CEO Howard Schultz were below the average, but his stock awards more than tripled, helping overall compensation grow an eye-popping 80% to just under $29 million.

Of course, that growth was only in terms of base compensation. According to the company’s annual statement in 2011, Schultz raked in $16 million in terms of the salary, perks, bonuses, stock and options considered in the NYT rankings. On top of that, he also was handed a $12 million retention award and saw his stock options appreciate $40.8 million in 2011.

That seems pretty justified considering his track record, though. As InvestorPlace editor Jeff Reeves pointed out in early 2012, Starbucks stock has made quite the comeback since Howard returned to the helm.

Article printed from InvestorPlace Media,

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