Starbucks (SBUX) Hires New Chief Technology Officer from Amazon

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2025.12.19 21:08
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Starbucks (SBUX) has appointed Anand Varadarajan, a 19-year Amazon veteran, as its new Chief Technology Officer (CTO), effective January 19, 2026. Varadarajan will report directly to CEO Brian Niccol. This hire follows the departure of former CTO Deb Hall Lefevre in September. The move is part of Starbucks' $1 billion restructuring plan under Niccol aimed at boosting sales and stock price. Starbucks' stock has a Moderate Buy rating from analysts, with a price target implying a 7.51% upside.