Starbucks promotes Alstead to CFO role
Starbucks Corporation has announced that Troy Alstead, senior vice president, Global Finance will succeed current CFO Pete Bocian at the end of the month. Bocian is leaving the company to join Hewlett-Packard, as chief administrative officer.
Alstead, 45, has been a Starbucks partner (employee) since 1992, and has held numerous leadership roles in the company, including senior vice president, Global Finance. He was one of the original members of the Starbucks International team, and was responsible for financial leadership as well as strategic planning and business development for the fast-growing international business. In addition to his numerous roles in finance, Alstead has held general management and operating roles during his Starbucks career, including in the Europe/Middle East/Africa region, Greater China, and the international business overall. Most recently, he has played a role in restructuring the U.S. business. Prior to Starbucks, Alstead held domestic and international finance, accounting and auditing positions with NCR Corporation and Egghead Software. He has a B.A. in Business Administration from the University of Washington and resides with his family in Gig Harbor, Washington.
“I am tremendously excited about taking on this new role,” said Alstead. “In my 16 years with the company, we have experienced unprecedented growth. As we begin our fiscal 2009, we have a unique opportunity to leverage what we have built to extend our leadership position around the world.”
About Starbucks
Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting the highest quality arabica coffee in the world. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at www.starbucks.com.