Lawyer salary

Starbucks’ top lawyer’s salary topped $5 million last year

A Starbucks logo is pictured on the door of the green apron delivery service at the Empire State Building in the Manhattan borough of New York, U.S. June 1, 2016. REUTERS/Carlo Allegri

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  • Rachel Gonzalez received $5.3 million in total compensation
  • She joined the coffee giant in 2018 from Saber Corp

(Reuters) – Starbucks Corp general counsel Rachel Gonzalez received more than $5.3 million in total compensation last year, according to a regulatory filing.

Gonzalez’s salary included $752,890 in annual base salary and stock worth more than $3.5 million, making her the fifth-highest-earning named executive at the Seattle-based coffee behemoth in Washington State.

The company was not required under U.S. Securities and Exchange Commission rules to disclose Gonzalez’s compensation for 2019 and 2020.

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Starbucks’ net revenue rose about 24% to $29.1 billion last year, more than recovering from a pandemic downturn in 2020, the company said in an annual report filed in November.

Gonzalez joined Starbucks in 2018 as executive vice president, general counsel and secretary after her role as chief administrative officer of Saber Corp. She reports directly to CEO Kevin Johnson.

Johnson’s total compensation was about $20.43 million last fiscal year, up 39% from $14.67 million in 2020. That’s about 1,579 times what an average employee company was earning in salary and stock, according to its filing Friday with the SEC.

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Xiumei Dong

Xiumei Dong covers legal industry news, focusing on law firm strategy and growth, in-house counsel, and the Washington, DC legal market. Contact her at [email protected]