Starbucks (NasdaqGS:SBUX) experienced an 11% increase in its share price over the last quarter, a period marked by significant developments for the company. The announcement of Cathy R. Smith as the incoming CFO brings a potential shift in financial strategy.

Cathy Smith has served in the CFO role for Nordstrom and Target. Here's the compensation package Starbucks offered her.

Starbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief financial officer, replacing longtime veteran Rachel Ruggeri.