Brian Nichols, CEO of Starbucks, speaks with CNBC on October 31, 2024.
CNBC
Starbucks Another stage was announced in its leadership on Tuesday, as CEO Brian Nicole will attend two other executives who spent time in former employer Taku Bell while dividing the roles of the main leadership.
“With a focus on the” return to Starbucks “plan, we need a new operating model for our retail team, with a clear ownership, accountability and a suitable scope for each role,” Nicole said. A message to the employees Common on the company’s website.
Starbucks announced a step before its financial profits in the first quarter and the revenues that issued the expectations of the analysts. While the company is trying to install a transformation, sales of the same stores decreased for the fourth quarter in a row, but not as much as the Wall Street expects.
Six years before spending in Chipotle, Niccol worked as CEO of Yum ‘signs’ Taku Bell. Since he started in Starbucks in September, he has already stolen some of his former colleagues to help him turn into the coffee giant. For example, Chipotle and Yum Brands Alum Tressie Lieberman took advantage of the position of Senior Global brand officials in Starbucks in the fall.
The latest changes to Starbucks include dividing the role of the president in North America into two functions. The current president in North America, Sarah Trailing, will leave the company. Trilling has been with Starbucks since 2002.
Starting in February, Meridith Sandland will hold a major store development employee. Sandland is currently the CEO of Empower Delivery, a restaurant software company. Previously, she held the position of CEO of Operations at Kitchen United and Taco Bell Development Officer.
In addition, Mike Grams will join the company in February the position of chief store employee in North America. Grams works with Taco Bell for more than 30 years, starting with the general manager of the restaurant and works on his way to become the chief international operations official of the series, according to LinkedIn.
Sandland and Grams will be assigned to implement Niccol’s vision to return to “Starbucks”. The strategy includes reducing service times to four minutes for each request, making its stores more welcome and warm, as well as lowering the menu.
Arthur Valdez, chief supply official in Starbucks, is also planning to leave the company. He joined in 2023 seven years after the goal. Nicole said in the letter that Starbucks has already determined his replacement and will share this news in the coming weeks.
