{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-200724","form_type":"8-K","ticker":"SBUX","cik":"0000829224","company_name":"STARBUCKS CORP","filed_at":"2024-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.002346+00:00","generated_at":"2026-05-31T09:31:49.421862+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"Starbucks appoints Chipotle CEO Brian Niccol as CEO and Chairman, effective Sept 9","bullets":["Laxman Narasimhan steps down as CEO immediately; no disagreement cited.","CFO Rachel Ruggeri serves as interim CEO until Niccol takes over.","Niccol receives $1.6M base salary, 225% target bonus, $10M signing bonus, and $75M equity grant.","Board Chair Mellody Hobson transitions to lead independent director.","Niccol led Chipotle revenue doubling and stock ~800% gain since 2018."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-200724","json":"https://secwatch.observer/filing/0001193125-24-200724.json","markdown":"https://secwatch.observer/filing/0001193125-24-200724.md","text":"https://secwatch.observer/filing/0001193125-24-200724.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/829224/000119312524200724/0001193125-24-200724-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/829224/000119312524200724/d848513d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:31:49.421862+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":"1cf22eeea1","claim":"Mellody Hobson was appointed as Lead Independent Director at STARBUCKS CORP.","evidence_excerpt":"appointed Mellody Hobson, who is the current chairman of the Board, as lead independent director, effective on the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/829224/000119312524200724/0001193125-24-200724-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Lead Independent Director"}],"fact_type":"executive_change"},{"claim_id":"40bfc56f43","claim":"Brian Niccol was appointed as Chief Executive Officer and Chairman at STARBUCKS CORP.","evidence_excerpt":"approved the appointment of Brian Niccol as chief executive officer of the Company and chairman of the Board, effective September 9, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/829224/000119312524200724/0001193125-24-200724-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer and Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}