Starbucks’ new CFO is a longtime customer with a company turnaround on her agenda

Good morning. Starbucks has scored big by hiring Cathy Smith, a CFO with extensive experience, who now has a vital role in bringing the company back to its former glory.

Smith recently began her tenure at Starbucks, coming from her role at Nordstrom as finance chief, after working for health insurer Bright Health Group as CFO and chief administrative officer, which has since rebranded as NeueHealth. Smith previously served as CFO of retailers Target, Walmart International, and GameStop.