Slingshot Shakes. A complete breakfast.
Eiffel Tower - A creamy cow’s milk delight, featuring a chalky white rind and a cream-colored, buttery, soft interior that oozes when at the peak of ripeness and temperature
American Cheese Society - Celebrate American Cheese Month
Starbucks Welcomes Patrick Grismer as Chief Financial Officer

Starbucks Welcomes Patrick Grismer as Chief Financial Officer


SEATTLE, WA
Tuesday, October 9th, 2018

Effective November 30, Patrick Grismer will take on the Executive Vice President and Chief Financial Officer role at Starbucks, succeeding Scott Maw. In his new role, Grismer will report to Kevin Johnson, Starbucks’ President and Chief Executive Officer. After the transition, Maw will remain a senior consultant through March of next year.

Grismer will join the company, officially, on November 12, and he is bringing extensive finance executive experience with leadership skills at global, consumer-facing growth companies. He spent 25 years combined at Hyatt Hotels Corporation, Yum! Brands, and the Walt Disney Company. Grismer’s most recent role was that of CFO for Hyatt, where he joined in March of 2016. There, he was responsible for all facets of the global finance function, corporate strategy, asset management, construction, procurement, and shared services, according to a press release.

Kevin Johnson, President & Chief Executive Officer, Starbucks

“As a seasoned CFO of multiple global, consumer-facing growth companies, Pat brings tremendous finance expertise, a customer-centric mindset and a wealth of restaurant industry experience to Starbucks,” said Kevin Johnson, Starbucks President and Chief Executive Officer. “Pat will be a fantastic addition to the team, and I look forward to partnering with him as we continue to execute against our strategic priorities and drive strong financial performance.”

Effective November 30, Patrick Grismer will take on the Executive Vice President and Chief Financial Officer role at Starbucks, succeeding Scott Maw

Grismer also held leadership roles at Yum! Brands for more than 14 years, including CFO, and he held various finance and strategy positions at The Walt Disney Company for more than 10 years, such as VP of Business Planning and Development for The Disneyland Resort. Grismer’s career began as a management consultant with Price Waterhouse.

Patrick Grismer, Incoming Executive Vice President and Chief Financial Officer, Starbucks

“I am very excited to join Starbucks and feel privileged to be part of the team responsible for leading this iconic, global company. I have always admired the Starbucks brand and values, and I look forward to working with Kevin and the leadership team to help lead the company into its next phase of growth,” said Grismer.

Grismer’s career has been powered by his extensive academic experience. He holds a bachelor’s degree in business administration from the University of Southern California and an MBA from Northwestern University’s Kellog Graduate School of Management, and he became a Certified Public Accountant in the State of California.

Congratulations to Starbucks on this exciting addition to your executive team.

Starbucks


Slingshot Shakes. A complete breakfast.Eiffel Tower - A creamy cow’s milk delight, featuring a chalky white rind and a cream-colored, buttery, soft interior that oozes when at the peak of ripeness and temperatureAmerican Cheese Society - Celebrate American Cheese Month

Have a new product, press release or story idea?

Let us know

In This Story


Inspiring and nurturing the human spirit—one person, one cup, one neighborhood at a time.

American Butter Institute Urges FDA to Address Mislabeled “Butter” Products

The company urges the USDA to take prompt enforcement action against seven “butter” substitutes that allegedly violate the agency’s food labeling requirements.
View Press Release

Harvest A Great Time This Fall With These Hampton Farms Recipes On Your Table

The company partners with and supports local farms to seed and harvest all its peanuts.
View Press Release

Beetology Introduces New Beverages

The company launches cold-pressed, simple, nutrition-packed wellness juices made from nature's superfood—beets.
View Press Release

The Spice Lab is Now USDA NOP Organic Certified

The USDA Organic seal assures consumers that products are 95% or more certified organic.
View Press Release

Valio Unveils On-Trend Food Innovations and Ingredients Solutions at SIAL Paris

The company plans to showcase its latest food innovations and tailor-made ingredients solutions at the upcoming show.
View Press Release

Charlotte-Based Hissho Sushi Makes N.C. Mid-Market Fast 40 List

This year marks 20 years since Hissho Sushi was founded in Charlotte, NC.
View Press Release

Anheuser-Busch Inbev & DS Smith Plastics Named 2018 Excellence in Reusable Packaging Award Winners

RPA announces two winners in the 2018 Excellence in Reusable Packaging award program.
View Press Release

It's Pumpkin Spice Season!

Litehouse debuts a fresh look for its line of deliciously indulgent caramel dips and a limited-edition flavor: Pumpkin Spice Caramel.
View Press Release

Time to Step Up Your Fall Menu Plan; Pereg Natural Foods Gets You Started

Suffering from pumpkin spice fatigue? Here are 14 savory reasons why you still need pumpkin spice in your life.
View Press Release

New Snack Bars Take the Tahini Craze to Healthy Delicious Heights

Absolutely Gluten Free introduces TahiniBAR, the energy bar made from sesame seeds, in three exciting flavors.
View Press Release