Starbucks Continues Focus on Diversified Growth with Appointment of Jeff Hansberry, President, Global Consumer Products and Foodservice
SEATTLE, May 18, 2010 - Starbucks Coffee Company (NASDAQ:SBUX) today announced the appointment of Jeff Hansberry to the role of president, Starbucks Global Consumer Products Group (CPG) and Foodservice. He will lead Starbucks efforts to accelerate growth in the company’s consumer products business with the introduction of new brands and products to more markets around the world. Hansberry will report to chairman, president and ceo Howard Schultz.
Hansberry’s appointment comes on the heels of a number of significant, recent CPG launches, including Starbucks® Natural Fusions naturally flavored coffee and the expansion of Starbucks VIA® Ready Brew business, which is expected to be in more than 37,000 distribution points by the end of the third fiscal quarter.
“We are in the midst of the most innovative period in Starbucks history, and we are applying that innovation to deliver the world's best coffee in every format and every channel,” said Schultz. “Jeff brings an impressive background and truly global perspective to the role. His leadership will help Starbucks accelerate our momentum to develop and deliver new brands and businesses that exceed the expectations of our customers around the world.”
Hansberry, who will begin the role in early June, comes to Starbucks with more than 20 years of consumer products experience. He most recently served as Vice President and General Manager for E. & J. Gallo Winery, where he was responsible for leading the company’s popular priced brand portfolio. Prior to E. & J. Gallo, Hansberry held leadership positions with Procter & Gamble, where he gained deep sales experience both in the U.S. and abroad. He holds a Bachelor of Arts in Economics from the University of Pittsburgh, and a Master of Business Administration from the Katz Graduate School of Business, University of Pittsburgh.
About Starbucks
Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting the highest quality arabica coffee in the world. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at www.starbucks.com.
