Starbucks overhauls top executive positions

Starbucks overhauls top executive positions

CEO Howard Schultz to focus on innovation, retail, payment, among other changes

Starbucks Corp. is overhauling its top management team, the company said Wednesday, including a shift in focus for chairman, president and chief executive Howard Schultz, who will step away from day-to-day operations to hone his attention on innovation, the store experience, and the next generation of retailing and payment.

Chief financial officer Troy Alstead will be promoted to chief operating officer, a newly created position, and will lead daily operations for the 20,184-unit Seat

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