- 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
- Press release
Starbucks shakes up management structure
Jan 29 2014, 16:14 ET