Starbucks names Nordstrom's Cathy Smith as CFO-December 2024-www.financetom.com

Starbucks names Nordstrom's Cathy Smith as CFO

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Starbucks names Nordstrom's Cathy Smith as CFO

Mar 4, 2025 6:07 AM

March 4 (Reuters) - Starbucks ( SBUX ) on Tuesday named

Cathy Smith as its finance chief, replacing Rachel Ruggeri in

the latest management shake-up by top boss Brian Niccol.

Smith stepped down as CFO of department store chain

Nordstrom on Tuesday after about two years in the role and takes

over at Starbucks ( SBUX ) while the coffee giant attempts to revive

demand in the U.S., as well as in key global market such as

China.

Smith was CFO at big-box retailer Target for five years

before joining Nordstrom in 2020.

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