This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Troy Alstead, Starbucks Chief Financial Officer And Group President, Global Business Services. (Photo: Business Wire)

Stocks in this article: SBUX

Starbucks Corporation (NASDAQ: SBUX) today announced that Troy Alstead, chief financial officer and chief administrative officer, has been promoted to chief financial officer and group president, Global Business Services. Alstead’s promotion is a recognition of the increasing responsibility and complexity of his role overseeing Starbucks global financial, technology and supply chain operations and ensuring that the company’s overall business infrastructure is optimized to support the company’s global growth.

Troy Alstead, Starbucks chief financial officer and group president, Global Business Services. (Phot ...

Troy Alstead, Starbucks chief financial officer and group president, Global Business Services. (Photo: Business Wire)

“Under Troy’s leadership as chief financial officer for the past five years, Starbucks has delivered an extraordinary experience to our customers as well as exceptional operating performance, financial results and returns for our shareholders,” said Starbucks chairman, president and ceo Howard Schultz. “Troy’s strategic business and financial acumen, discipline and leadership have been instrumental to our short- and long-term growth. As we continue to expand to new markets and channels, his role as group president leading Starbucks Global Business Services will be critical to ensuring the company’s continued success.”

Alstead joined Starbucks in January 1992 when it was a privately held company with just over 100 stores. Over the years, he has held numerous roles in finance and general management for Starbucks, both domestic and international. He has held finance positions of increasing responsibility, including leadership of the corporate finance, accounting, tax, and treasury functions, as well as leadership of global financial management, decision support, planning, and business development for Starbucks operating units around the world.

Alstead was one of the original members of the Starbucks International team, contributing to the development of the international business from the beginning. Beyond his finance roles, he led the operations and development of the international business as senior vice president for Starbucks Coffee International, and later led the company’s business in Europe, Middle East, and Africa as interim president of that regional business unit. Alstead later held the position of chief operating officer, Starbucks Greater China.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs