Starbucks recently hired a new Chief Executive Officer (CEO), Brian Niccol. However, Niccol is based in Newport Beach, California, as he was previously the CEO of Chipotle and that is where Chipotle is headquartered. However, one of the benefits from his recently disclosed offer letter was that Niccol was not required to relocate to Seattle, Washington, where the headquarters of Starbucks is located, and he could instead continue residing in Newport Beach. This means that Niccol will most likely commute to Seattle from Newport Beach several times a week, as stated in his contract.