SBUX 8-K: Smart Summary
83% reductionOn June 11, 2026, Starbucks Corporation designated Val Bauduin as its principal accounting officer, transferring that responsibility from Cathy Smith, who continues as principal financial officer.
Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Appointments
- Principal Accounting Officer Val Bauduin — Designated as principal accounting officer effective June 11, 2026; continues to serve as senior vice president, Corporate Finance and Development; continues to report to Cathy Smith, executive vice president, chief financial officer
Executive Compensation
- Val Bauduin — No changes to compensation were implemented in connection with his designation as principal accounting officer; continues to participate in the Company's existing compensation and benefit programs applicable to similarly situated officers
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