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Form 8-K · Current Report · Filed 2026-06-12

Starbucks Appoints New Principal Accounting Officer

On June 11, 2026, Starbucks Corporation designated Val Bauduin as its new principal accounting officer.

Filer
Starbucks Corporation SBUX · NASDAQ
Filed
Accession
0000829224-26-000106
CIK
0000829224
Signal
High impactConsumer Cyclical

Details

Bauduin, who has been with the company since 2024, previously served as senior vice president of Corporate Finance and Development. Cathy Smith, the current executive vice president and chief financial officer, will continue in her role but will no longer hold the principal accounting officer responsibility.

Items reported

Item events

Reported Item

New CEO Appointed Key Executive Appointment

Market reaction

Close before filing

$102.28

Next session

-0.7%

Since filing

+2.9%

Latest close

$105.25

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from SBUX reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, SBUX insiders reported 5 Form 4 transactions — net selling of $711K.

Full SBUX insider history →

About Starbucks Corporation

Starbucks Corporation is a renowned global leader in the coffeehouse industry, offering a wide array of beverages including coffee, tea, and other specialty drinks, alongside complementary food items. The company operates retail locations worldwide, providing customers with a unique coffeehouse experience characterized by quality products and a welcoming atmosphere. Beyond its physical stores, Starbucks significantly impacts the coffee production industry, promoting sustainable sourcing and ethical supply chain practices. Its operations extend into grocery and convenience stores through products like ready-to-drink beverages and consumer-packaged coffee. Founded in 1971 and headquartered in Seattle, Washington, Starbucks Corporation is pivotal in shaping consumer beverage preferences and enhancing global coffee culture, influencing both retail and wholesale sectors.

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