SEATTLE, April 3 /CNW/ - Starbucks Corporation (NASDAQ: SBUX) today
announced that Peter Bocian, 52, has been named executive vice president and
chief financial officer designate and will assume this role with the Company
on May 14, 2007.
Upon joining Starbucks, Bocian will partake in an intensive immersion
process to learn the various facets of the Company. On October 1, 2007, Bocian
will succeed Michael Casey, executive vice president, chief financial officer
and chief administrative officer, who will transition into a senior advisory
role after serving as the Company's chief financial officer for over 12 years.
In 2006, Casey announced his plan to transition from his current role this
Bocian will be responsible for all aspects of Starbucks Corporate
Finance, Information Technology, Global Business Systems Solutions and Global
Strategy. He will report to Jim Donald, Starbucks president and ceo.
"Pete's global experience and solid record of delivering results are
attributes we were looking for in our next cfo," commented Jim Donald,
Starbucks ceo and president. "He's joining us at an ideal time, bringing his
international finance experience and proven leadership skills as we continue
our aggressive expansion overseas."
Bocian joins Starbucks from NCR Corporation where he served as senior
vice president and chief financial officer since 2004. Bocian began his career
at NCR in 1983 and has since held a number of positions of increasing
responsibility, including chief financial officer of NCR's Retail and
Financial Group, CFO of NCR's Retail Solutions Division and vice president of
finance and administration for NCR's Computer Systems Group (now Teradata) for
the Americas region.
"I am very proud to join such a successful company and globally
recognized brand," said Bocian. "Beyond delivering strong performance,
Starbucks leadership team has maintained an unparalleled awareness of its role
in and responsibility to the communities it serves. I look forward to
contributing to Starbucks continued success."
Bocian received his Master's degree in accounting from Michigan State
University, where he also earned his Bachelor's degree.
Starbucks Coffee Company provides an uplifting experience that enriches
people's lives one moment, one human being, one extraordinary cup of coffee at
a time. To share in the experience, visit www.starbucks.com.
For further information:
For further information: Starbucks Media Relations Valerie O'Neil,
206-318-7100 or Starbucks Investor Relations JoAnn DeGrande, 206-318-7893 or