Smith joined Starbucks in January 2005 and has served as Chief Financial Officer for Starbucks’ International and Channel Development division since August 2021
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Greg Smith, Senior Vice President, North America Finance at Starbucks | Photo credit: Starbucks
Starbucks has appointed long-serving Finance Director Greg Smith as Senior Vice President, North America Finance.
Smith will now oversee financial management for the Seattle-based coffee chain’s largest operating segment, which comprises more than 16,300 stores in the US and 1,400 in Canada.
Smith joined Starbucks as a Senior Financial Analyst in January 2005 and has held several key financial positions, most recently as Chief Financial Officer for Starbucks’ International and Channel Development division.
In that role, Smith held fiscal responsibility for the coffee chain’s international business, which includes more than 20,000 stores in 85 markets globally. He also led financial teams managing Starbucks’ key global brand partnerships, including Nestlé and PepsiCo, and served on the Board of Directors of the Tata Starbucks Joint Venture partnership in India.
“Over the past two years, I’ve had the tremendous experience supporting our 20,000+ Starbucks retail stores in more than 80 international markets and across our Channel Development business segment. These are dynamic, diverse, high-growth businesses, and it has been a privilege to experience the very best of Starbucks around the world. I’m honoured to now transition to lead our North America finance team,” Smith said.
Paula Greenleaf has taken on the role of Senior Vice President, International and Channel Development Finance. Greenleaf joined Starbucks in August 2007 and most recently served as Vice President of Finance - Global Supply Chain.
Starbucks reported record fourth quarter revenues in November 2023 following strong sales across North America and robust outlet growth internationally. The US coffee chain achieved 11% group revenue growth to reach $9.4bn in the three months ended 1 October 2023 – 2% higher than the third quarter. Starbucks’ full-year revenues reached $36bn, an 11% year-on-year increase.