Starbucks separates accounting officer role from CFO, designates Val Bauduin

Filed June 11, 2026 · Period ending June 11, 2026 · ~1 min read

Key Changes

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  Starbucks designated Val Bauduin as principal accounting officer, transferring accounting responsibilities from CFO Cathy Smith. Smith remains CFO and Bauduin continues reporting to her in this internal reorganization.

  Item 5.02 verify on EDGAR →
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  Bauduin joined Starbucks in 2024 and briefly served as interim CFO in March 2025. He previously held controller, chief accounting officer, and CFO roles at Marriott International from 2014-2024.

  Item 5.02 verify on EDGAR →
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  No compensation changes accompany the designation. Bauduin continues in existing pay structure for similarly situated officers, indicating a responsibility reallocation rather than promotion.

  Item 5.02 verify on EDGAR →