Starbucks Reshapes Leadership, Brings in Taco Bell Veterans Ahead Of Q1 Earnings Report

Starbucks is restructuring its leadership team, bringing in two executives with Taco Bell ties under CEO Brian Niccol’s transformation plan. The company is splitting its North American president role into two positions. The restructuring aims to enhance accountability and streamline operations under Niccol’s “Back to Starbucks” strategy. The coffee giant reported fiscal first-quarter earnings and revenue that exceeded analyst expectations, despite a fourth consecutive decline in same-store sales. The decline was less severe than Wall Street anticipated as the company worked on its turnaround.