Starbucks names Mike Grams as new COO

In a regulatory filing, the company states: “On June 4, 2025, the Board of Directors of Starbucks (SBUX) Corporation appointed Mike Grams, currently evp, North America chief coffeehouse officer, to the position of chief operating officer, a reinstated position in the Company’s executive leadership team, effective immediately. In addition to leading the Company’s North American coffeehouses, Mr. Grams will now oversee global coffeehouse development and global supply chain. Mr. Grams joined the Company in February 2025, after nearly thirty years at Taco Bell Corp. where he held various leadership positions within the company, including President and Chief Operating Officer from 2020 to 2024, Global Chief Operating Officer and General Manager, North America from 2017 to 2020 and Chief Operating Officer and Chief Development Officer from 2015 to 2019. On June 4, 2025, the Company also announced that Brad Lerman would no longer serve as the Company’s evp, chief legal officer, as of a date to be determined. The Company anticipates that Mr. Lerman will continue to serve as chief legal officer until his successor has been identified and is in role. Mr. Lerman’s separation from the Company meets the conditions of the “without cause” provisions of the Company’s Executive Severance and Change in Control Plan for purposes of all plan benefits thereunder.”