SEATTLE — Starbucks has promoted Troy Alstead, the CFO and chief administrative officer, to CFO and group president, Global Business Services.
“Under Troy’s leadership as chief financial officer for the past five years, Starbucks has delivered an extraordinary experience to our customers as well as exceptional operating performance, financial results and returns for our shareholders,” said Howard Schultz, Starbucks chairman, president and CEO.
“Troy’s strategic business and financial acumen, discipline and leadership have been instrumental to our short- and long-term growth. As we continue to expand to new markets and channels, his role as group president leading Starbucks Global Business Services will be critical to ensuring the company’s continued success.”
Alstead joined Starbucks in January 1992 and has held numerous roles in finance and general management for Starbucks, both domestically and internationally. Beyond his roles in finance, he led the operations and development of the international business as SVP for Starbucks Coffee International, and he later led the company’s business in Europe, the Middle East and Africa as interim president of that regional business unit. Alstead also held the position of COO, Starbucks Greater China.