John Culver, StarbucksSupply: StarbucksStarbucks on Tuesday tapped firm veteran John Culver as its latest chief working officer.Culver succeeds Roz
John Culver, Starbucks
Supply: Starbucks
Starbucks on Tuesday tapped firm veteran John Culver as its latest chief working officer.
Culver succeeds Roz Brewer, who exited Starbucks in February to develop into chief govt of Walgreens Boots Alliance. Along with being named COO, he has additionally been promoted to North American group president.
Earlier than the promotion, Culver served as Starbucks’ group president of worldwide, channel improvement and world espresso, tea and cocoa. In that function, he oversaw Starbucks’ cafes throughout 58 worldwide markets and its client packaged items merchandise. He is been with the corporate since 2002 and at present serves on the boards of Columbia Sportswear and Kimberly-Clark.
“As we plan for the 2022 fiscal yr and past, Starbucks is lucky to have a deep, proficient and numerous staff of senior executives we’re in a position to faucet to assist lead us ahead,” CEO Kevin Johnson mentioned in a press release.
Michael Conway, who at present serves as president of worldwide licensed markets, will take over as group president of worldwide and channel improvement. Michelle Burns, who serves as senior vp of espresso and tea, has been promoted to govt vp of world espresso, tea and cocoa.
The promotions go into impact June 28.
Shares of Starbucks are up 4% this yr, giving it a market worth of $132 billion, as of Tuesday’s shut.