Management ChangeJun 12, 2026, 04:22 PM

Starbucks Appoints Val Bauduin as Principal Accounting Officer

AI Summary

Starbucks Corporation has designated Val Bauduin as its principal accounting officer, effective June 11, 2026. Mr. Bauduin will continue in his role as senior vice president, Corporate Finance and Development, reporting to Chief Financial Officer Cathy Smith. The responsibility for principal accounting officer has transferred from Ms. Smith to Mr. Bauduin, with no changes to his compensation.

Key Highlights

Starbucks designated Val Bauduin as its Principal Accounting Officer on June 11, 2026.
Mr. Bauduin continues as senior vice president, Corporate Finance and Development.
Principal accounting officer responsibility transferred from CFO Cathy Smith to Mr. Bauduin.
Mr. Bauduin joined Starbucks in 2024 and served as interim CFO in March 2025.
No changes were made to Mr. Bauduin's compensation in connection with this designation.
He previously held leadership roles at Marriott International, including controller and chief accounting officer.

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