Jim Donald’s severance package: $1.25M
Posted by Starbucks Insider on 28 Jan 2008 at 02:56 pm | Tagged as: Jim Donald, SBUX
Jim Donald is being let go with a fairly small severance package as far as major publicly traded companies go. With a salary of $1M a year, and then further stock options Jim Donald will get $1.25 over the coure of the rest of the year for his severance package.
Again, I think it’s a reasonable level for the work that he did. Not saying he did a great job in the last year, but at least he isn’t being given a bloated severance package.
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