Starbucks names Hyatt executive Patrick Grismer as its new CFO

FAN Editor
A waitress prepares a beverage at a branch of Starbucks coffee in Tokyo
A waitress prepares a beverage at a branch of Starbucks coffee in Tokyo, Japan August 13, 2018. REUTERS/Kim Kyung-Hoon

October 8, 2018

(Reuters) – Starbucks Corp <SBUX.O> said on Monday that it named Patrick Grismer as its new chief financial officer replacing Scott Maw.

Grimer, who is currently CFO of Hyatt Hotels Corp <H.N>, will join Starbucks on Nov. 12 and will take the role of CFO after Maw retires on Nov. 30, the coffee chain said in a statement.

(Reporting by Siddharth Cavale in Bengaluru; Editing by Shailesh Kuber)

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