In Turnaround Mode, Starbucks Names Nordstrom’s Cathy Smith as CFO

The veteran retail executive joins a C-suite team picked by CEO Brian Niccol to revitalize the coffee chain.
Read more at Inc.
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Starbucks poaches Nordstrom CFO as executive shake-up continues
Starbucks announced Tuesday that Nordstrom CFO Cathy Smith will join the company as its new chief financial officer, replacing longtime veteran Rachel Ruggeri.NBC News - 5h -
Starbucks poaches Nordstrom CFO as executive shake-up continues
Nordstrom Chief Financial Officer Cathy Smith will join Starbucks, replacing its current CFO Rachel Ruggeri.CNBC - 2h -
Why Starbucks’ new CFO bodes well for coffee chain’s turnaround
Cathy Smith’s “wide bandwidth of experience could serve the company well,” a William Blair analyst noted, “despite her lack of specific restaurant industry knowledge.”MarketWatch - 3h -
Will Starbucks’s Turnaround Be Successful? It All Comes Down to 1 Sentence
CEO Brian Niccol is trying to turn around Starbucks. Is his best bet following the Barnes & Noble playbook?Inc. - Feb. 22 -
Starbucks axes some drinks and staff in bid for US turnaround
Menu items getting the axe in the US include the Royal English Breakfast Latte.BBC News - Feb. 24 -
Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort
The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.Inc. - Feb. 24 -
Please Don’t Make the Starbucks Mistake
By trying to please everyone—including freeloaders—the coffee company ultimately began alienating the paying customers.Inc. - Feb. 25 -
Splitgate 2 Multi-Team Domination Mode And Glacier Map Trailer
First extended gameplay look at Multi-Team Domination, a new game mode coming in Alpha 2, played on a brand-new map Glacier, the franchise's biggest map to date.combat, accentuating the heights of ...GameSpot - 6d -
Nordstrom posts better-than-expected earnings ahead of going-private transaction
The company is not offering guidance for 2025 or hosting an earnings call, as it prepares to go private.MarketWatch - 7h
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