SEATTLE--(BUSINESS WIRE)--Jan. 8, 2015--
Starbucks Coffee Company (NASDAQ:SBUX) chief operating officer Troy
Alstead – a 23-year veteran of the company who also served for many
years as the company’s chief financial officer, as well as leading the
operations and development of Starbucks international business and its
Europe, Middle East and Africa business unit – is taking an extended
unpaid leave from the company. His last day in his current role will be
March 1, 2015.
“Looking back on the 23 years we spent together side-by-side as
Starbucks colleagues, I can recall so many memorable moments and
accomplishments in which Troy can take pride in a job well done,” said
Starbucks chairman, president and chief executive officer Howard
Schultz. “Troy is a beloved Starbucks partner and has played an
invaluable role in our growth as an enterprise and in the development of
our culture as a performance driven company balanced with a humanity
unique for our industry. Troy’s humanity and humility will be missed and
we wish him the best.”
Further transition plans will be detailed by Alstead and Schultz on the
company’s Q1 earnings call, scheduled for January 22, 2015.
About Starbucks
Since 1971, Starbucks Coffee Company has been committed to ethically
sourcing and roasting high-quality arabica coffee. Today, with
stores around the globe, the company is the premier roaster and retailer
of specialty coffee in the world. Through our unwavering commitment to
excellence and our guiding principles, we bring the unique Starbucks
Experience to life for every customer through every cup. To share in
the experience, please visit us in our stores or online at news.starbucks.com.
Source: Starbucks Coffee Company
Starbucks Coffee Company
Jim Olson, +1 206-318-7100
press@starbucks.com