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.

item 5.02 item 7.01 item 9.01

Executive movements

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

Departed

Brad Lerman

evp, chief legal officer

SBUX · STARBUCKS CORP

Filed: June 4, 2025, 7:59 PM ET

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: June 4, 2025, 7:59 PM ET

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.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brad Lerman departed as evp, chief legal officer at STARBUCKS CORP.

Action: would no longer serve
Role: evp, chief legal officer

Exact text from the filing

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.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mike Grams was appointed as chief operating officer at STARBUCKS CORP.

Action: appointed
Role: chief operating officer

Exact text from the filing

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.

View on SEC.gov

STARBUCKS CORP filing history →

Source: SEC EDGAR

accession 0000829224-25-000036

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