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Starbucks pays departing executive Alling full-year's salary
Starbucks will pay Jim Alling, the former president of its international operations, a full year's salary, enough money to cover continuation...
Seattle Times business reporter
Starbucks will pay Jim Alling, the former president of its international operations, a full year's salary, enough money to cover continuation of his health insurance plans for a year and outplacement services worth up to $14,000.
Alling's salary last year was $600,000.
An 11-year Starbucks veteran who oversaw its dizzying growth in the U.S. until last fall, Alling agreed to confidentiality obligations and reaffirmed his obligations under a noncompetitive agreement, according to a securities filing today.
Melissa Allison: 206-464-3312 or mallison@seattletimes.com
Copyright © 2008 The Seattle Times Company
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