STARBUCKS CORP 8-K

What Happened Starbucks Corporation filed an 8-K reporting that, effective June 11, 2026, it designated Val Bauduin (age 50) as the Company’s principal accounting officer. Mr. Bauduin continues as Senior Vice President, Corporate Finance and Development and will report to Cathy Smith, the Company’s Executive Vice President and Chief Financial Officer. Cathy Smith remains Starbucks’ principal financial officer while principal accounting officer responsibilities transfer from her to Mr. Bauduin.

Key Details

• Filing: Form 8-K dated June 12, 2026; change effective June 11, 2026.
• New designation: Val Bauduin named principal accounting officer; continues as SVP, Corporate Finance and Development.
• Reporting lines: Bauduin will report to CFO Cathy Smith; Smith remains principal financial officer.
• Compensation and disclosures: No change to Mr. Bauduin’s compensation in connection with the designation; he will remain in existing officer programs. No family relationships or related-party transactions requiring disclosure were reported.

Why It Matters This is an internal finance leadership adjustment affecting who holds the principal accounting officer role (responsible for accounting oversight and related disclosures) while retaining continuity in the CFO role. Investors should note the change was described as procedural with no compensation changes and that Mr. Bauduin has prior senior finance experience at Starbucks (joined in 2024; interim CFO in March 2025) and Marriott (2014–2024), which supports continuity in financial reporting and controls.