Starbucks shakes up management structure

Troy Alstead is named to the newly created position of chief operating officer, allowing CEO Howard Schultz to expand his focus on innovation in Starbucks' (SBUX) products and next generation retailing and payments initiatives.

Alstead was previously CFO, and Scott Maw is promoted to fill that slot.

CC at 5 ET

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Comments (8)
  • Philberg
    , contributor
    Comments (113) | Send Message
    Howard Schultz somehow reminds me of Steve Jobs... maybe it's not a bad idea to fully focus on innovation these days. Does anyone know anything about the other guys? Will they do a good job?
    29 Jan 2014, 04:53 PM Reply Like
    , contributor
    Comments (5157) | Send Message
    The move itself IS Innovation !


    Cheers to SBUX !


    Long SBUX
    29 Jan 2014, 05:12 PM Reply Like
  • psychological-dividends
    , contributor
    Comments (820) | Send Message
    Howard Schulz clearly knows how to brand something.
    29 Jan 2014, 05:51 PM Reply Like
  • dweebster
    , contributor
    Comments (526) | Send Message
    I'll be sticking with Starbucks as long as Schulz is in the driver's seat.
    29 Jan 2014, 05:59 PM Reply Like
  • TAS
    , contributor
    Comments (3906) | Send Message
    Maybe Starbucks had better appoint someone to be in charge of quality control. I frequent Starbucks, and the restrooms are filthy, the floor areas are dirty and the counter service is spotty at best. The shops need a cleanliness check.


    And for that I pay about five bucks for a concocted brew.


    29 Jan 2014, 07:40 PM Reply Like
  • jackooo
    , contributor
    Comments (1738) | Send Message
    What city do you see these conditions?
    30 Jan 2014, 10:24 AM Reply Like
  • jtcall72
    , contributor
    Comment (1) | Send Message
    South beach
    2 Feb 2014, 01:03 PM Reply Like
  • jackooo
    , contributor
    Comments (1738) | Send Message
    Thanks for the reply.
    4 Feb 2014, 01:53 PM Reply Like
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