Starbucks Announces More Leadership Changes

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SEATTLE — Starbucks is continuing to shake up and strengthen its leadership team “to bolster financial and operating performance.”

Troy Alstead, who was promoted to CFO last year, has now been promoted to COO; Scott Maw, SVP of Corporate Finance, has been promoted to EVP and CFO; and Craig Russell, senior VP of Global Coffee, has been promoted to EVP, Global Coffee.

“These organizational moves map our internal talent to the rapidly evolving retail environment and significant strategic and market opportunities ahead of us,” said Howard Schultz, Starbucks chairman, president and CEO. “Each of these experienced Starbucks leaders will be working closely with the entire senior leadership team, and me, to bring even greater financial and operational discipline to our business around the world. They will partner with me as I focus on Starbucks’ mission, growth initiatives and the convergence and integration of our retail and e-commerce, digital, card and mobile assets around the world.”

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