Starbucks Corp. is bringing in a new chief of its global supply chain operation as the coffee chain’s business expands to encompass a wider array of products and retail formats.
The Seattle-based coffee giant said Wednesday that Hans Melotte will start at the company on June 27 as executive vice president of global supply chain. Mr. Melotte had been chief procurement officer at consumer goods company Johnson & Johnson.
Mr. Melotte, who will oversee Starbucks’ supplier relationships, distribution, transportation and store delivery, will lead efforts to “transform the way we support our retail stores and distribution channels”, Kevin Johnson, the company’s president and chief operating officer, said in a statement.
The position was previously held by Deverl Maserang, who joined in 2013 from another consumer products company, Chiquita Brands International, and had previously worked at Pepsi Bottling Group and United Parcel Service Inc.
Mr. Melotte’s appointment comes amid the company’s push to expand its menu with products such as single-origin, cold brewed and Nitrogen-infused coffee.
Starbucks has some 16,000 suppliers, including coffee-growers and manufacturers of its merchandise, and operates in more than 60 countries. The company opened its first store in South Africa this year, and plans to open a 20,000-square-foot roastery in New York.
In April, Starbucks posted a 16% increase in profit to $575.1 million on nearly $5 billion in revenue in its latest quarter, driven in part by rapid adoption of its mobile app. But it missed sales expectations, and the company’s shares have dropped more than 8% since the earnings announcement.
Fuente: Wall Street Journal.
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