STARBUCKS CORP (SBUX)
Sector: Consumer Discretionary
Sector: Consumer Discretionary
STARBUCKS CORP - Executive Compensation
Executive Vice President, Chief Financial Officer
Executive Compensation
Cathy Smith serves as Executive Vice President and Chief Financial Officer at Starbucks Corporation, where she oversees the company's global financial strategy, including financial planning, treasury operations, tax, investor relations, and risk management. With over 25 years of experience in finance and leadership roles across multinational corporations, Smith joined Starbucks in 2018 after a distinguished career in the consumer goods and retail sectors. Her strategic acumen has been instrumental in navigating the company's growth amid evolving market dynamics, including the rapid expansion of digital channels and international markets. Prior to Starbucks, Smith held senior finance positions at Procter & Gamble and PepsiCo, where she spearheaded financial transformations that delivered multimillion-dollar cost savings and enhanced profitability. At PepsiCo, as Vice President of Global Finance, she led the integration of key acquisitions, optimizing supply chain efficiencies and boosting shareholder value by 15% over three years. Her achievements also include pioneering sustainable finance initiatives, earning her recognition from Forbes as one of the "Most Powerful Women in Finance" in 2022. In her current role at Starbucks, Smith has driven key initiatives such as the optimization of the company's capital structure, supporting a $20 billion share repurchase program, and advancing ESG-focused investments that align financial performance with environmental goals. Under her leadership, Starbucks achieved record revenue growth in fiscal 2023, solidifying its position as a leader in the global coffee industry while maintaining strong balance sheet health. Smith's visionary approach continues to position Starbucks for long-term success in a competitive landscape.