• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

Starbucks shakes up its leadership again, adding two former Taco Bell executives

by January 29, 2025
written by January 29, 2025

Starbucks announced another stage in its leadership shake-up on Tuesday, as CEO Brian Niccol will bring in two more executives who spent time at his former employer Taco Bell while dividing key leadership roles.

“As we focus on our ‘Back to Starbucks’ plan, we need a new operating model for our retail team, with clear ownership and accountability and an appropriate scope for each role,” Niccol said in a letter to employees shared on the company’s website.

Before spending six years at Chipotle, Niccol served as CEO of Yum Brands’ Taco Bell. Since starting at Starbucks in September, he has already poached some of his former colleagues to help with his transformation of the coffee giant. For example, he tapped Chipotle and Yum Brands alum Tressie Lieberman as Starbucks’ global chief brand officer in the fall.

The newest changes to the Starbucks organization include splitting the role of North American president into two jobs. The company’s current North American president, Sara Trilling, will depart the company. Trilling has been with Starbucks since 2002.

Starting in February, Meredith Sandland will hold the role of chief store development officer. Sandland is currently CEO of Empower Delivery, a restaurant software company. Previously, she served as chief operating officer of Kitchen United and as Taco Bell’s chief development officer.

Additionally, Mike Grams will join the company in February as North America chief stores officer. Grams has been with Taco Bell for more than 30 years, starting as a restaurant general manager and working his way up to become the chain’s global chief operating officer, according to his LinkedIn.

Both Sandland and Grams will be tasked with implementing Niccol’s vision to go “back to Starbucks.” The strategy includes decreasing service times to four minutes per order, making its stores more welcoming and cozy, as well as slashing the menu.

Arthur Valdez, Starbucks’ chief supply officer, also plans to leave the company. He joined in 2023 after seven years at Target. Starbucks has already identified his replacement and will share that news in the coming weeks, Niccol said in the letter.

Starbucks is expected to report its fiscal first-quarter earnings after the bell on Tuesday. Wall Street is expecting the company’s same-store sales to fall for the fourth consecutive quarter as consumers in the U.S. and China opt to get their caffeine fix elsewhere.

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Incoming UK ambassador walks back comments on ‘danger’ of Trump: ‘Ill-judged and wrong’
next post
MARK HALPERIN: The great debate: Is Donald Trump cool?

related articles

Customers sue sneaker company On over shoes that...

October 20, 2025

Giorgio Armani group names longtime executive Giuseppe Marsocci...

October 17, 2025

LendingTree founder and CEO Doug Lebda dies in...

October 15, 2025

UPS is ‘disposing of’ U.S.-bound packages over customs...

October 13, 2025

China outlines more controls on exports of rare...

October 10, 2025

Paramount acquires Bari Weiss’ The Free Press, naming...

October 7, 2025

YouTube to pay $24 million to settle Trump...

October 1, 2025

Charlie Javice sentenced to 7 years in prison...

October 1, 2025

Video game maker Electronic Arts to be acquired...

October 1, 2025

Nearly 200,000 BMWs recalled over potential fire risk

September 30, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Top House Democrat leaves Schumer in the cold amid left’s disarray on shutdown drama

    March 14, 2025
  • Tesco Share Price: Forecast and Live Update

    August 2, 2024
  • Trump taps Richard Grenell as presidential envoy for special missions, Edward S. Walsh as Ireland ambassador

    December 15, 2024
  • Vance, Walz spar on immigration during VP debate: Been to the border ‘more than our border czar’

    October 2, 2024
  • Trump threatens to bomb Iran unless they end nuclear weapons program and begin talks on new deal

    March 30, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,509)
  • Investing (634)
  • Stock (941)

Latest Posts

  • Netanyahu vows more ‘surprising blows’ after Israel thwarted ‘thousands’ of Hezbollah rockets: ‘Not the end’

    August 25, 2024
  • President Trump bids ‘HAPPY EASTER!’ as Christian holiday approaches: ‘We need God’

    April 14, 2025
  • 6 US governors to open talks with Canadian provincial leaders on tariffs

    May 6, 2025

Recent Posts

  • Trump ally Bukele’s party amends El Salvador constitution to allow indefinite presidential re-election

    August 1, 2025
  • CAUGHT ON CAMERA: Turkish leaders brawl at council meeting over the cost of Republic Day

    November 8, 2024
  • Manchin recalls close ties with ‘outsider’ Trump, cold shoulder from Obama in new book

    September 17, 2025

Editor’s Pick

  • S&P 500, Nasdaq slip as Treasury yields rise; NVIDIA and Tesla fall, while Getty and Shutterstock shares soar

    January 7, 2025
  • McDonald’s misses Q2 estimates as same-store sales decline for first time since pandemic

    July 30, 2024
  • Dominican judge rules in Iowa witness’ favor in missing American student case

    March 19, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock