Starbucks will see its chief financial officer, Scott Maw, retire November 30

Starbucks CFO to retire amid major developments at coffeehouse giant

Starbucks will see its chief financial officer, Scott Maw, retire November 30; this, amid the planned 2019 closing of more stores than normal, a controversy that led to the need for a corporate-store diversity retraining program chainwide in the U.S., and a new marketing deal in the omnichannel marketplace with Nestlé, effectively selling most of its coffee bean business for $7.15B and future royalties. For Maw, the retirement decision comes after being with the company for seven years, and four years in the CFO role.

Read more