Starbucks Chief Operating Officer Alstead Takes Leave from Company after 23-Year Career
January 08 2015 - 4:22PM
Business Wire
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.
Starbucks Coffee CompanyJim Olson, +1
206-318-7100press@starbucks.com
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