Former Adobe Executive Takes On CTO Role At Starbucks

Starbucks Corp. said Tuesday it has appointed Gerri Martin-Flickinger chief technology officer, effective Nov. 2. Martin-Flickinger was Adobe Systems Inc. executive vice president and chief information officer, and played "a key role" in Adobe's transformation to cloud-based business, Starbucks said. Martin-Flickinger will lead the company's IT organization, and will champion the next phase of innovation and growth for Starbucks, the company said. Shares of Starbucks fell 1.2% in late trading Tuesday after ending the regular session down 0.6%.