Starbucks Appoints New CFO Amid Leadership Changes

Reported about 5 hours ago

Starbucks Corp. has appointed Cathy R. Smith as its new chief financial officer, succeeding Rachel Ruggeri, as part of a broader leadership reshuffle under CEO Brian Niccol aimed at revitalizing the business amid sales declines. Smith, previously with Nordstrom, brings extensive retail experience and will start next month, as the company seeks to improve efficiency and accountability following significant job cuts and a revamped leadership structure.

Source: YAHOO

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