Sept 16 (Reuters) - Starbucks ( SBUX ) said on Monday
that its North America CEO, Michael Conway, had decided to
retire after about 11 years at the coffee chain.
The move comes amid newly-appointed Chief Executive Officer
Brian Niccol's turnaround plan focusing on Starbucks' ( SBUX ) operations
in the U.S.
Conway assumed the role as North America CEO in April this
year as the company was grappling with weak demand for its
pricey lattes in the U.S.
Niccol, who took over from Laxman Narasimhan in a surprise
appointment last month, said in an open letter that he would
initially focus on ensuring the U.S. stores deliver drinks and
food on time, as well as re-establishing the coffeehouse culture
at its outlets.
Starbucks ( SBUX ) will not backfill the role of North America CEO
upon Conway's retirement, and the company's North America retail
operations head, Sarah Trilling, would report directly to
Niccol.
Conway would stay on as an executive adviser through the end
of 2024, Starbucks ( SBUX ) said in a post on its website.
Prior to becoming North America CEO, Conway was the group
president of Starbucks' ( SBUX ) international and channel development.
He also served as the president of the company's Canada
business, as well as its licensed stores segment for the U.S.
and Latin America, among other roles.