Starbucks Appoints Former McDonalds Executive To Drive Technology Changes: Reuters

Starbucks Corp SBUX has appointed Deb Hall Lefevre as Chief Technology Officer, effective May 2, Reuters reported.
Lefevre was previously with McDonald's Corp MCD, where he oversaw all aspects of technology for its roughly 14,000 U.S. restaurants.
The report noted the move comes as the returning CEO Howard Schultz is mulling changes to the company's drive-thru, mobile order-and-pay, and other systems.
Related: Starbucks Suspends Buyback To Focus On Investing In Operations; Schultz Takes Helm
The CEO intends to have someone who can oversee changes, including increased personalization of mobile apps, improvements to systems for employee training, and more.
Schultz already freed up potentially billions of dollars for investments by suspending share buybacks.
Price Action: SBUX shares are trading lower by 1.20% at $77.99 on the last check Friday.
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