Starbucks appoints Cathy Smith as CFO effective March 24; interim CFO named

STARBUCKS CORP

Cathy R. Smith becomes EVP, CFO effective March 24, 2025; will also serve as principal financial and accounting officer.
Rachel Ruggeri ceased as CFO on March 7; will support transition through March 28.
Val Bauduin, SVP North America Finance, appointed interim CFO from March 7 until Smith's start date; compensation unchanged.
Bauduin joined Starbucks in 2024; previously CFO at Marriott and partner at Deloitte.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed (interim)

Rachel Ruggeri

executive vice president, chief financial officer

SBUX · STARBUCKS CORP

Effective: 2025-03-07
Successor: Cathy R. Smith
Filed: March 7, 2025, 6:59 PM ET

and that Ms. Ruggeri will cease serving in such roles, effective as of March 7, 2025.

Appointed

Cathy R. Smith

executive vice president, chief financial officer

SBUX · STARBUCKS CORP

Effective: 2025-03-24
Filed: March 7, 2025, 6:59 PM ET

On March 7, 2025, the Board determined that Ms. Smith will be appointed as executive vice president, chief financial officer and designated as the Company’s principal financial officer and principal accounting officer, effective, in each case, as of her anticipated start date of March 24, 2025

Appointed (interim)

Val Bauduin

interim chief financial officer

SBUX · STARBUCKS CORP

Effective: 2025-03-07
Filed: March 7, 2025, 6:59 PM ET

effective March 7, 2025, the Board appointed Val Bauduin, senior vice president, North America Finance of the Company, as interim chief financial officer and designated Mr. Bauduin as the Company’s principal financial officer and principal accounting officer, in each case, until the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.98

Rachel Ruggeri departed as executive vice president, chief financial officer at STARBUCKS CORP.

Action: ceased
Role: executive vice president, chief financial officer

Exact text from the filing

and that Ms. Ruggeri will cease serving in such roles, effective as of March 7, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.98

Cathy R. Smith was appointed as executive vice president, chief financial officer at STARBUCKS CORP.

Action: appointed
Role: executive vice president, chief financial officer

Exact text from the filing

On March 7, 2025, the Board determined that Ms. Smith will be appointed as executive vice president, chief financial officer and designated as the Company’s principal financial officer and principal accounting officer, effective, in each case, as of her anticipated start date of March 24, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.98

Val Bauduin was appointed as interim chief financial officer at STARBUCKS CORP.

Action: appointed
Role: interim chief financial officer

Exact text from the filing

effective March 7, 2025, the Board appointed Val Bauduin, senior vice president, North America Finance of the Company, as interim chief financial officer and designated Mr. Bauduin as the Company’s principal financial officer and principal accounting officer, in each case, until the Effective Date.

View on SEC.gov

STARBUCKS CORP filing history →

Source: SEC EDGAR

accession 0000829224-25-000020

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