• Privacy Policy
  • Terms & Conditions
Truth of Financial World
  • World News
  • Politics
  • Science
  • Business
No Result
View All Result
  • World News
  • Politics
  • Science
  • Business
No Result
View All Result
Truth of Financial World
No Result
View All Result
Home Business

Starbucks shakes up its leadership again, adding two former Taco Bell executives

January 30, 2025
in Business
Starbucks shakes up its leadership again, adding two former Taco Bell executives
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Starbucks announced another stage in its leadership shake-up on Tuesday, as CEO Brian Niccol will bring in two more executives who spent time at his former employer Taco Bell while dividing key leadership roles.

“As we focus on our ‘Back to Starbucks’ plan, we need a new operating model for our retail team, with clear ownership and accountability and an appropriate scope for each role,” Niccol said in a letter to employees shared on the company’s website.

Before spending six years at Chipotle, Niccol served as CEO of Yum Brands’ Taco Bell. Since starting at Starbucks in September, he has already poached some of his former colleagues to help with his transformation of the coffee giant. For example, he tapped Chipotle and Yum Brands alum Tressie Lieberman as Starbucks’ global chief brand officer in the fall.

The newest changes to the Starbucks organization include splitting the role of North American president into two jobs. The company’s current North American president, Sara Trilling, will depart the company. Trilling has been with Starbucks since 2002.

Starting in February, Meredith Sandland will hold the role of chief store development officer. Sandland is currently CEO of Empower Delivery, a restaurant software company. Previously, she served as chief operating officer of Kitchen United and as Taco Bell’s chief development officer.

Additionally, Mike Grams will join the company in February as North America chief stores officer. Grams has been with Taco Bell for more than 30 years, starting as a restaurant general manager and working his way up to become the chain’s global chief operating officer, according to his LinkedIn.

Both Sandland and Grams will be tasked with implementing Niccol’s vision to go “back to Starbucks.” The strategy includes decreasing service times to four minutes per order, making its stores more welcoming and cozy, as well as slashing the menu.

Arthur Valdez, Starbucks’ chief supply officer, also plans to leave the company. He joined in 2023 after seven years at Target. Starbucks has already identified his replacement and will share that news in the coming weeks, Niccol said in the letter.

Starbucks is expected to report its fiscal first-quarter earnings after the bell on Tuesday. Wall Street is expecting the company’s same-store sales to fall for the fourth consecutive quarter as consumers in the U.S. and China opt to get their caffeine fix elsewhere.

This post appeared first on NBC NEWS

Previous Post

White House freeze on federal aid won’t affect student loans, Education Department says

Next Post

Billion-dollar Mexican cartel ops disrupted by Trump’s border crackdown as US issues do-not-travel warning

Next Post
Billion-dollar Mexican cartel ops disrupted by Trump’s border crackdown as US issues do-not-travel warning

Billion-dollar Mexican cartel ops disrupted by Trump’s border crackdown as US issues do-not-travel warning

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    From admiration to Alaska: A timeline of Trump and Putin’s high-stakes encounters

    From admiration to Alaska: A timeline of Trump and Putin’s high-stakes encounters

    August 16, 2025
    Schumer claims Trump admin withholding Epstein files, threatens to sue

    Schumer claims Trump admin withholding Epstein files, threatens to sue

    August 16, 2025
    Hawley opens probe into Meta after reports of AI romantic exchanges with minors

    Hawley opens probe into Meta after reports of AI romantic exchanges with minors

    August 16, 2025
    Democrats doubt Trump will secure Ukraine cease-fire in Alaska summit with Putin

    Democrats doubt Trump will secure Ukraine cease-fire in Alaska summit with Putin

    August 16, 2025

    Disclaimer: truthoffinancialworld.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Browse by Category

    • Business
    • Politics
    • Science
    • World News

    Recent News

    From admiration to Alaska: A timeline of Trump and Putin’s high-stakes encounters

    From admiration to Alaska: A timeline of Trump and Putin’s high-stakes encounters

    August 16, 2025
    Schumer claims Trump admin withholding Epstein files, threatens to sue

    Schumer claims Trump admin withholding Epstein files, threatens to sue

    August 16, 2025
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 truthoffinancialworld.com | All Rights Reserved

    No Result
    View All Result
    • World News
    • Politics
    • Science
    • Business

    Copyright © 2024 truthoffinancialworld.com | All Rights Reserved