Starbucks adds global business title to CFO role

SEATTLE — Starbucks Corp. said Tuesday that Troy Alstead, its chief financial officer and chief administrative officer, has been promoted to chief financial officer and group president of the company’s global business services.

The Seattle-based coffee company said the promotion recognizes the increasing responsibility and complexity of Alstead’s role overseeing the company’s global financial, technology and supply chain operations.

CEO Howard Schultz said in a statement that Alstead has been instrumental in the company’s growth and that his role will prove critical to ensuring its continued success.

Alstead joined Starbucks in January 1992 when it was a privately held company, and has held numerous roles in finance and general management of increasing responsibility. He was one of the original members of the company’s international team.

Starbucks shares added 89 cents to $76.13 in late afternoon trading, in line with broader market gains.

More in Herald Business Journal

Driving the Dodge Demon, the world’s fastest production car

Our test took place at US 131 Motorsports Park, on a fully prepped professional drag strip.

Mountlake Terrace-based 1st Security Bank wasn’t traded publicly during the recession, but it has seen a steady growth since the recession. (Jim Davis / HBJ)
How stocks in local banks fared since the recession

Every bank was hit hard during the recession, but most have bounced back in a big way.

A look at what some stores have planned for Black Friday

With unemployment low, stores are hoping customers are in a mood to shop.

Boeing bolsters team for potential 797 with leading engineer

Terry Beezhold has been chief project engineer for the 777X program.

Tom Hoban
Are millennials warming up to life in suburbia?

They dominate the apartment market and their wants need to be accounted for, says columnist Tom Hoban.

Camano artist mixes flask, paintings for successful cocktail

Art flasks prove popular as bachelorette gifts, birthday presents and wedding favors.

Katie Garrison
New agent joins Re/Max Elite’s office in Snohomish

Re/Max Elite welcomed a new agent to its Snohomish office. Katie Garrison… Continue reading

UW Bothell Pub Talk looks at Greenhouse Gas Mystery

The Greenhouse Gas Mystery is the topic for the next UW Bothell… Continue reading

EvergreenHealth Monroe pharmacy interns travel to Ghana

Earlier this year, University of Washington School of Pharmacy students and EvergreenHealth… Continue reading

Most Read