NCR finance chief moves to Starbucks |
|
|
|
Published
:
Tue, 03 Apr 2007 21:51
|
NEW YORK (AP) - NCR Corp., which provides information technology services and makes ATM machines, said Tuesday Chief Financial Officer Peter Bocian will resign after 24 years with the company to become finance chief of Starbucks Corp.Bocian, 52, has served as NCR's CFO since 2004. He steps down May 11.Separately, Starbucks named Bocian 'chief financial officer designate' to succeed CFO Michael Casey in October, when Casey will transition to a senior advisory role after serving as finance chief of the coffeehouse giant for 12 years.Casey announced his intentions to step down last year.Bocian starts at Starbucks on May 14.Shares of Seattle-based Starbucks rose 24 cents to close at $31.49 on the Nasdaq Stock Market. Shares of Dayton, Ohio-based NCR added 43 cents to close at $48.18 on the New York Stock Exchange.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
|
|
|
|
Print this Story
Moody's gives Starbucks Prime-2 rating 