Starbucks appoints Mike Grams as COO; CLO Brad Lerman to depart

STARBUCKS CORP

Mike Grams named COO effective June 4, 2025; oversees global coffeehouse development and supply chain.
Grams' base salary increased to $900k (from $700k); bonus target raised to 125% of base salary.
Brad Lerman to step down as evp, chief legal officer; will assist search and stay until successor in place.
Organizational changes: Global Coffee & Sustainability merged under Global Brand; CTO now reports to CFO.
CEO Brian Niccol cites need to accelerate 'Back to Starbucks' turnaround with these moves.

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Executive movements

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Departed

Brad Lerman

evp, chief legal officer

SBUX · STARBUCKS CORP

Filed: Jun 04, 2025 23:59 UTC

On June 4, 2025, the Company also announced that Brad Lerman would no longer serve as the Company’s evp, chief legal officer, as of a date to be determined.

Appointed

Mike Grams

chief operating officer

SBUX · STARBUCKS CORP

Effective: 2025-06-04
Filed: Jun 04, 2025 23:59 UTC

On June 4, 2025, the Board of Directors (the “Board”) of Starbucks Corporation (the “Company”) appointed Mike Grams, currently evp, North America chief coffeehouse officer, to the position of chief operating officer (“coo”), a reinstated position in the Company’s executive leadership team, effective immediately.

Source: SEC EDGAR

accession 0000829224-25-000036

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