Chicago Booth MBA Earns $96 Million In 4 Months by: P&Q Staff on January 27, 2025 | 5,779 Views January 27, 2025 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit Harper Center, University of Chicago (Booth) New York Post: “Starbucks CEO Brian Niccol has been paid approximately $96 million in total compensation after just four months on the job — quickly becoming one of the highest-paid executives in corporate America. His substantial pay package, which was detailed in a recent securities filing with the SEC, includes buyouts of Chipotle Mexican Grill shares awarded during his tenure as CEO of the burrito chain. Despite working only a few weeks during Starbucks’ fiscal year ending September 29, Niccol received $61,538 in salary, a $5 million signing bonus and $90 million in stock awards, according to filings cited by the Wall Street Journal.” To read more, click here. DON’T MISS: FORTUNE: THE BEST MBA ALUMNI NETWORKS Just How Tough Is It For MBAs To Land A Job? Check Out This Data Sherwood: “The US labor market is in decent shape: layoffs have been pretty limited, job growth has been solid, and unemployment remains near record lows. But that optimism doesn’t extend to fresh college grads, who are increasingly scrambling to break into the professional world. According to the latest data from the New York Fed, the unemployment rate for recent college graduates (ages 22-27 with a bachelor’s degree or higher) has reached its highest level in two years. It’s also now higher than the overall workforce, breaking a multidecade trend where recent grads typically had lower unemployment rates. Now, that strain is spilling over to those who spent over $200,000 on an elite MBA program. Once a predictable path to a lucrative job with a corner office — nearly half of Fortune 500 and S&P 500 CEOs have an MBA, mostly from top schools like Harvard or Wharton — the MBA has lost some of its shine, with even top-tier MBAs finding it hard to land jobs in 2024. To read more and see the charts, click here. DON’T MISS: 2024 MBA CLASS PROFILES & EMPLOYMENT REPORTS Georgetown photo Georgetown Entrepreneurs Win $150,000 In ‘Bark Tank’ Pitch Competition Washington, DC: “Eight student teams on a mission to make a positive impact on society presented their startup ideas to a panel of expert judges during the Leonsis Family Entrepreneurship Prize “Bark Tank” Pitch Competition on Wednesday, January 22, 2025, at Georgetown University’s McDonough School of Business, taking home $150,000 in prizes. Inspired by the pitches, Ted Leonsis (C’77, P’14, ’15), founder, chairman, principal, and chief executive officer of Monumental Sports & Entertainment, and his family increased the competition’s prize pool to $150,000 – furthering the financial impact and growth opportunity for each of the finalists who took the stage. This year’s prize builds on the $5 million gift the Leonsis family provided last year, which ensures the Bark Tank Pitch Competition exists in perpetuity. “What everyone built here is really remarkable,” said Leonsis, who addressed the crowd during the event. “It’s the social responsibility of our universities to drive our entrepreneurial spirit because at the end of the day, we’re an entrepreneurial nation.” To read more, click here. DON’T MISS: MEET GEORGETOWN MCDONOUGH’S MBA CLASS OF 2025