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What significant leadership change will Starbucks announce by the end of 2024?
3
Resolution / Starting Odds
CEO replacement • 25%
CFO replacement • 25%
COO replacement • 25%
No significant changes • 25%
Official announcements from Starbucks or reputable financial news sources
Story
Elliott Management Takes Significant Stake in Starbucks, Shares Jump 4%
Jul 19, 2024, 06:41 PM
Activist investor Elliott Management has built a sizable, undisclosed stake in Starbucks, according to a report by the Wall Street Journal. Elliott is reportedly pushing the coffee giant privately on ways to boost its stock price. Following the news, Starbucks shares jumped more than 4%, with $SBUX rising by 6%.
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Similar markets
Current COO • 25%
External hire • 25%
Current CFO • 25%
Other • 25%
New product lines • 25%
Store closures • 25%
Management changes • 25%
Other • 25%
Non-dairy milk policy changes • 25%
Return of condiment bars • 25%
Menu simplification • 25%
Other operational upgrades • 25%
Cost-cutting measures • 25%
Expansion strategies • 25%
Leadership changes • 25%
Other • 25%
Stricter policy • 25%
Looser policy • 25%
No change • 25%
Other • 25%
