Starbucks CFO Maw to retire, shares tumble

Maw, 50, lasted just four years in the CFO role, and the company did not provide details on what prompted the retirement. The Seattle-based company said in a regulatory filing https://www.sec.gov/Archives/edgar/data/829224/000119312518206726/d802843d8k.htm that it has launched an external search for a replacement for Maw, who will become a senior consultant until March 31, 2019, earning $250,000 per month. “As we enter our next phase of continued growth, I am confident in the finance team Scott has developed and am appreciative of his willingness to support through the transition into new leadership,” Starbucks CEO Kevin Johnson said in a statement. …read more

Source:: Yahoo Finance

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