{"schema_version":"secwatch.filing_event.v1","accession":"0000829224-25-000016","form_type":"8-K","ticker":"SBUX","cik":"0000829224","company_name":"STARBUCKS CORP","filed_at":"2025-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.462144+00:00","generated_at":"2026-05-25T16:25:09.116614+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Starbucks appoints Cathy Smith as CFO as Rachel Ruggeri departs","bullets":["Cathy Smith named EVP, CFO, effective date TBD; succeeds Rachel Ruggeri, who is leaving without cause.","Smith's base salary $925K, target bonus 125% of salary; $5M cash signing bonus for forfeited prior employer awards.","Smith receives replacement equity grant of $6.4M and FY2025 annual equity grant of $4.5M (60% PSUs, 40% RSUs).","Smith was CFO at Nordstrom, Target, and Walmart International; Ruggeri assisted transition after 20 years at Starbucks.","CEO Brian Niccol cites Smith's retail and turnaround experience for Back to Starbucks plan."],"urls":{"canonical":"https://secwatch.observer/filing/0000829224-25-000016","json":"https://secwatch.observer/filing/0000829224-25-000016.json","markdown":"https://secwatch.observer/filing/0000829224-25-000016.md","text":"https://secwatch.observer/filing/0000829224-25-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/829224/000082922425000016/0000829224-25-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/829224/000082922425000016/sbux-20250304.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T16:25:09.116614+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"edbe1c91e3","claim":"Cathy R. Smith was appointed as Executive Vice President, Chief Financial Officer at STARBUCKS CORP.","evidence_excerpt":"announced the appointment of Cathy R. Smith as executive vice president, chief financial officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/829224/000082922425000016/0000829224-25-000016-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President, Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}