Starbucks Corp. stated that Chief Operating Officer Roz Brewer will leave to take over another public traded company, marking the departure of a leading executive who supported in the revival of sales during the coronavirus pandemic and worked to diversify the coffee behemoth’s employees.
The reveal came as the company reported that sales dropped during the holiday period but displayed indications of recovery, particularly in China, even as the pandemic has caused ongoing store closures.
Starbucks stated that Ms. Brewer would withdraw at the end of February. Walgreens Boots Alliance Inc. is set to name Ms. Brewer, its next chief executive, people familiar with the matter told The Wall Street Journal, setting her up to be the only Black woman leading a fortune 500 company today.
Ms. Brewer 58 years old, has been COO and a member of the board at Starbucks since 2017. She supported the shift of Starbucks toward a focus on to-go operations during the pandemic and has worked to diversify the company’s leadership.