Kevin Johnson is a renowned American businessman who served as the CEO of Starbucks for four years, from 2017 to 2021. With his vast experience in the tech industry, he has helped Starbucks establish a strong online presence and develop innovative products and services. But how much is the former CEO worth today? In this blog post, we will explore the untold Kevin Johnson net worth and shed some light on his earnings over the years.
Early Life and Career:
Kevin Johnson was born in New Mexico in 1960, and he grew up in California. He received a bachelor’s degree in Business Administration from New Mexico State University and a master’s degree in Computer Science from the University of Colorado Boulder.
Johnson started his career at IBM, where he worked for 16 years. He then held executive positions in various tech companies, including Microsoft and Juniper Networks. In 2015, he joined the board of directors of Starbucks and was appointed CEO two years later.
Kevin Johnson Net Worth:
According to Celebrity Net Worth, Kevin Johnson’s net worth is estimated at $300 million. Most of his income comes from his career as a tech executive and CEO of Starbucks. During his tenure at the coffee giant, Johnson’s annual salary was $1.5 million, and he received more than $100 million in stock options, according to SEC filings.
Kevin Johnson and Starbucks:
As CEO of Starbucks, Kevin Johnson oversaw significant changes in the company’s operations, including a shift towards digital transformation and a focus on sustainability. His leadership helped Starbucks navigate the challenges posed by the COVID-19 pandemic, and he implemented various measures to ensure the safety of employees and customers.
Johnson was instrumental in the development of Starbucks’ mobile app, which now accounts for over 50% of the company’s orders. He also launched new product lines, such as the Nitro Cold Brew and Starbucks Reserve Roastery, to attract younger customers and expand the company’s offerings.
Frequently Asked Questions:
Q1. What is Kevin Johnson’s net worth?
A1. Kevin Johnson’s net worth is estimated at $300 million.
Q2. How much did Kevin Johnson earn at Starbucks?
A2. Kevin Johnson’s annual salary at Starbucks was $1.5 million, and he received more than $100 million in stock options.
Q3. What changes did Kevin Johnson introduce at Starbucks?
A3. Kevin Johnson oversaw a shift towards digital transformation and a focus on sustainability at Starbucks. He also launched new product lines to attract younger customers.
Q4. What is Starbucks’ mobile app?
A4. Starbucks’ mobile app is a digital platform that allows customers to order and pay for their beverages and food items through their smartphones.
Q5. What is the Nitro Cold Brew?
A5. The Nitro Cold Brew is a type of coffee served cold, infused with nitrogen to create a creamy texture and smooth flavor.
Q6. What is Starbucks Reserve Roastery?
A6. Starbucks Reserve Roastery is a luxury coffee shop that offers premium coffee beans and exclusive drinks.
Q7. What role did Kevin Johnson play during the COVID-19 pandemic?
A7. Kevin Johnson implemented various measures to ensure the safety of employees and customers during the COVID-19 pandemic.
The Future of Kevin Johnson:
Kevin Johnson retired as CEO of Starbucks on March 30, 2021, and was replaced by the company’s COO, Roz Brewer. However, he continues to be associated with the company as its chairman. Johnson is also a board member of several tech companies, such as Microsoft and Catalyst.
Throughout his career, Kevin Johnson has achieved significant success as a tech executive and CEO of Starbucks. Today, he is worth an estimated $300 million, thanks to his impressive earnings and stock options. Despite retiring as CEO of Starbucks, Johnson’s contributions to the company’s digital transformation and sustainability initiatives are likely to have a lasting impact.