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Starbucks names Nordstrom's Cathy Smith as CFO
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Starbucks names Nordstrom's Cathy Smith as CFO
Mar 4, 2025 6:08 AM

(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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