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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.
 
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