Starbucks EVP & General Counsel Rachel Gonzalez departs; separation package disclosed

STARBUCKS CORP

Rachel Gonzalez steps down as EVP & General Counsel Apr 4; stays as advisor at 50% salary ($380,625/yr) through May 20.
Separation package: $2.28M severance, $470K prorated FY22 bonus, $4.8M equity replacement cash, COBRA for 18 months.
Gonzalez leaves in good standing; reaffirms non-competition, non-disclosure, and non-disparagement obligations.
Interim EVP & General Counsel named: Zabrina Jenkins (per filing signature).

item 5.02 item 9.01

Executive movements

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Departed

Rachel Gonzalez

executive vice president and general counsel

SBUX · STARBUCKS CORP

Effective: 2022-04-04
Filed: April 5, 2022, 7:59 PM ET

Rachel Gonzalez will transition from the role of executive vice president and general counsel on April 4, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Rachel Gonzalez changed role as executive vice president and general counsel at STARBUCKS CORP.

Action: transitioned
Role: executive vice president and general counsel

Exact text from the filing

Rachel Gonzalez will transition from the role of executive vice president and general counsel on April 4, 2022.

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STARBUCKS CORP filing history →

Source: SEC EDGAR

accession 0001193125-22-096269

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