Starbucks has named a new chief financial officer as part of its larger turnaround effort. Starbucks Chairman and CEO Brian ...
Cathy Smith will replace Rachel Ruggeri at an undetermined date, with Ruggeri remaining for some time to ease the transition.
Starbucks shares moved higher Wednesday as some analysts seem to be buying in—albeit cautiously—on new CEO Brian Niccol’s “Back to Starbucks” turnaround plan.
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