Starbucks has announced the appointment of Brad Lerman as Executive Vice President and General Counsel following an extensive internal and external search. Lerman will serve on the executive leadership team, reporting directly to CEO Laxman Narasimhan, effective 17 April.
“To serve the partners of Starbucks, one of the world’s most admired brands, is a true honor,” says Lerman. “The strength of Starbucks’ leadership team and board of directors, coupled with the talented Starbucks Law and Corporate Affairs team, is what excites me most as we look to advance a bold mission and vision for the future of Starbucks.”
Lerman joins the company with over three decades of legal and regulatory experience in both the public and private sector. Most recently, Lerman was Senior Vice President, General Counsel and Corporate Secretary of Medtronic, a healthcare technology provider, where he led the global legal function, government affairs and the office of ethics and compliance across the United States, South America, Europe, and Asia. He has also served in similar leadership roles at the Federal National Mortgage Association and Pfizer, where he led the company’s litigation and investigations teams.
“We are excited to welcome Brad who brings a tenure of experience leading companies through some of their most challenging issues across international markets and working closely with regulators around the world,” says Narasimhan.
“His expertise in both the public and private sectors will strengthen our decision making, protect and advance the business and brand of Starbucks in the markets in which we operate, and further develop our legal and compliance talent.”
Following a six-month immersion, Narasimhan officially took the reins as CEO on 20 March, making this announcement one of his first following a declaration of Starbucks as a company with limitless possibilities at this year’s Annual Meeting of Shareholders.
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