What happened: Starbucks has lifted the $250,000 limit on CEO Brian Niccol's use of the company jet following media scrutiny and security concerns.
Why it matters:
- The change reflects increased attention on executive spending and corporate transparency.
- It addresses security risks linked to 'credible threat actors' targeting the CEO.
MNN Take: The decision balances executive travel needs with heightened security measures, responding to external pressures and potential threats.
Sources: BBC US & Canada