00:00It's Benzinga, and here's what's on the block.
00:03Starbucks announced the retirement of Michael Conway, its North American CEO, after 11 years
00:07with the company.
00:08Conway, who took over the role in April, will stay on as an executive advisor through the
00:13end of 2024.
00:14His departure coincides with the turnaround strategy of newly appointed CEO Brian Nickell,
00:19who plans to enhance U.S. operations by focusing on timely service and reviving the coffeehouse
00:24culture.
00:25Sarah Trilling, head of North America Retail Operations, will report directly to Nickell,
00:30and the company will not fill the North America CEO position.
00:33For all things money, visit Benzinga.com.
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