The latest update is out from Starbucks ( (SBUX) ).
On March 4, 2025, Starbucks announced the appointment of Cathy R. Smith as the new executive vice president and chief financial officer, succeeding Rachel Ruggeri, who will be leaving the company. Cathy Smith, with extensive experience in retail and global operations from her previous roles at Nordstrom, Target, and Walmart International, is expected to contribute significantly to Starbucks’ strategic initiatives, including the ‘Back to Starbucks’ plan. Her compensation package includes a base salary, cash incentives, and equity awards to align her with the company’s long-term goals.
More about Starbucks
Starbucks Corporation is a leading global coffeehouse chain known for its specialty coffee and beverages. The company operates in the retail industry, focusing on providing high-quality coffee products and a unique customer experience through its extensive network of stores worldwide.
YTD Price Performance: 27.60%
Average Trading Volume: 9,625,542
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $131.5B
For detailed information about SBUX stock, go to TipRanks’ Stock Analysis page.