Starbucks (NASDAQ: SBUX) has appointed Deverl Maserang to lead the company's Global Supply Chain Organization, the company announced Thursday.
Beginning June 3, Maserang will become executive vice president responsible for supply chain operations worldwide, which encompasses responsibilities from manufacturing and engineering to procurement and inventory management. Maserang joins Starbucks from Chiquita Brands International and brings more than two decades of experience in supply chain leadership positions. In leading the Global Value Chain for Chiquita and Fresh Express, he oversaw about 20,000 employees. Before Chiquita, Maserang worked in supply chain positions at Pepsi Bottling Group, United Parcel Service, and several start-ups.
Maserang will report to Starbucks CFO Troy Alstead, who is also the company's chief administrative officer, and be a part of the company's Senior Leadership Team. Maserang's appointment follows other recent, senior leadership appointments by the company. After its first-quarter report, Starbucks moved around five people in its Senior Leadership Team.
Fool contributor Kevin Chen has no position in any stocks mentioned. The Motley Fool recommends Starbucks and United Parcel Service. The Motley Fool owns shares of Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.