The Starbucks board of directors took decision to enhance security measures for CEO Brian Niccol following a security review of risks
In fiscal 2024, Niccol's compensation was $96 million, the filing shows, and included a stock award of more than $90 million
The company's rewards program did not help improve customer traffic. As part of the turnaround plan, Niccol said the company aimed to change its marketing efforts
In his Tuesday letter, Niccol also reiterated his commitment to creating a "great work environment" at the stores, and added that the company "values" direct relations with workers