Starbucks' interim boss sells $341K in stock after surprise CEO shuffle

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Starbucks' interim boss sells $341K in stock after surprise CEO shuffle
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“It’s probably fair to assume that other Starbucks executives didn’t benefit from the stock pop the way she did.”

Rachel Ruggeri — the Seattle-based coffee chain’s chief financial officer who will be its interim CEO until Niccol officially takes the reins on Sept. 9 — sold 3,750 shares to bag a windfall of $341,850, according to a Sec urities Exchange Commission filing.

No other trades by company brass were reported on Tuesday. In fact, her trades were filed with the SEC even before the company’s management shakeup appeared on the SEC’s website.

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