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Starbucks Taps NCR Exec

It hires a new CFO.
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Starbucks (SBUX) - Get Starbucks Corporation Report named NCR (NCR) - Get NCR Corporation Report finance chief Peter Bocian as its chief financial officer.

Bocian, 52, will replace Michael Casey next month. Casey, who has been finance chief for 12 years, said last year he wanted to leave the post for what Starbucks called a senior advisory role.

"Pete's global experience and solid record of delivering results are attributes we were looking for in our next CFO," said CEO Jim Donald. "He's joining us at an ideal time, bringing his international finance experience and proven leadership skills as we continue our aggressive expansion overseas."

Referring to itself for a moment as Starbucks Coffee Company, the Seattle-based chain added that it "provides an uplifting experience that enriches people's lives one moment, one human being, one extraordinary cup of coffee at a time."

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