SEATTLE — Scott Maw, executive vice-president and chief financial officer at Starbucks Corp., will retire from the company on Nov. 30.
Mr. Maw joined Starbucks in 2011 as a global controller, and later worked as senior vice-president of corporate finance. He was promoted to executive vice-president and c.f.o. in February 2014.
Before joining Starbucks, Mr. Maw was c.f.o. at SeaBright Insurance Co. and earlier was c.f.o. of consumer banking at JPMorgan Chase, c.f.o. of retail banking at Washington Mutual and c.f.o. of the insurance division at General Electric.
He received a bachelor’s degree in accounting from Gonzaga University.
“I am grateful for the contributions Scott has made over the past seven years that led to the unprecedented growth of Starbucks,” said Kevin Johnson, president and chief executive officer of Starbucks. “As we enter our next phase of continued growth, I am confident in the finance team Scott has developed and am appreciative of his willingness to support through the transition into new leadership.”
Starbucks said it has initiated an external search for a new c.f.o. Mr. Maw has agreed to continue in a senior consultant role through March 2019.