Starbucks nabs Nordstrom CFO in ongoing reshuffle
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Starbucks has appointed Cathy Smith, former CFO of Nordstrom, as its new CFO, replacing Rachel Ruggeri. This move is part of Starbucks' ongoing efforts to revitalize its business.
March 04, 2025 | 3:30 pm
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Starbucks has appointed Cathy Smith, former CFO of Nordstrom, as its new CFO, replacing Rachel Ruggeri. This move is part of Starbucks' ongoing efforts to revitalize its business.
The appointment of a new CFO from a reputable company like Nordstrom suggests Starbucks is serious about its turnaround strategy. This leadership change could positively impact investor sentiment and the stock price in the short term.
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