Coffee shop chain Starbucks has announced that effective March 31, 2005, Orin Smith will retire from his position as president and chief executive officer

Food & Drink Weekly, Oct 18, 2004

Coffee shop chain Starbucks has announced that effective March 31, 2005, Orin Smith will retire from his position as president and chief executive officer. Smith will be succeeded by Jim Donald, Starbucks president, North America, who will be promoted to president and chief executive officer on 31 March 2005 and will serve in the role of CEO designate until that time.

Additionally, Jim Alling, executive vice president, Business and Operations, USA, has been promoted to the newly-created position of president, Starbucks Coffee US, effective immediately.

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