Starbucks outlines exec exit package
August 4, 2008
Seattle Post-Intelligencer: Outgoing Starbucks Coffee International president Jim Alling will receive a year's salary in a lump sum, plus a year's worth of COBRA health coverage, Starbucks said Monday in a federal filing. In return, Alling released any claims against Starbucks, agreed not to work for a competing business and promised confidentiality about his time at the struggling coffee giant.