Starbucks Corp. has appointed Kevin Johnson as president and chief COO, effective March 1.
In a surprising move, the second in command at Starbucks Corp., COO Troy Alstead, 51, is taking an extended, unpaid leave of absence from the company starting March 1.
Starbucks Corp. will acquire the remaining shares of its Japanese joint venture, Starbucks Coffee Japan, for $913 million to accelerate growth across multiple channels in the country, including the introduction of new concepts such as Teavana.
Starbucks Corp. said that Troy Alstead, CFO and chief administrative officer, has been promoted to CFO and group president, Global Business Services.
Pete Bocian, CFO of Starbucks Corp., is leaving the company at the end of the...