Starbucks Taps Amazon Tech Veteran Anand Varadarajan As New CTO To Power Turnaround
Strong Bearish
-100.0
Starbucks Corp. (NASDAQ:SBUX) on Friday named Anand Varadarajan its new chief technology officer, starting Jan. 19.
Varadarajan joins the world’s largest coffee chain from Amazon.com Inc. (NASDAQ:AMZN), where he spent nearly 19 years. Most recently, he led technology and supply chain for the e-commerce retailer’s global grocery stores business, which includes both its homegrown Fresh brand and Whole Foods. has also held software engineering roles at Oracle (NYSE:ORCL).
Turnaround Underway As Sales Pick Up
The move comes after Starbucks' former CTO, Deb Hall Lefevre, left in September during a second round of layoffs and the rollout of a $1 billion restructuring plan.
“He knows how to create systems that are reliable and secure, drive operational ...Full story available on Benzinga.com
Varadarajan joins the world’s largest coffee chain from Amazon.com Inc. (NASDAQ:AMZN), where he spent nearly 19 years. Most recently, he led technology and supply chain for the e-commerce retailer’s global grocery stores business, which includes both its homegrown Fresh brand and Whole Foods. has also held software engineering roles at Oracle (NYSE:ORCL).
Turnaround Underway As Sales Pick Up
The move comes after Starbucks' former CTO, Deb Hall Lefevre, left in September during a second round of layoffs and the rollout of a $1 billion restructuring plan.
“He knows how to create systems that are reliable and secure, drive operational ...Full story available on Benzinga.com
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