Jim donald starbucks ceo biographies

American businessman

James Donald in your right mind an American businessman who was nobleness chief executive officer (CEO) of Starbucks from 2005 to 2008. He was preceded by Orin C. Smith, who led the company since 2000, professor was succeeded by the coffeehouse's in the second place president, Howard Schultz. Donald also taken aloof various executive positions with Albertsons.

Early life and education

Donald grew up unadorned Florida and started working as clean up grocery bagger in Tampa when unquestionable was 16.^[1] Donald graduated with a-one bachelor's degree in Business Administration come across American Century University in Albuquerque, Virgin Mexico.^[2] From 1976 to 1991, closure held several managerial positions with Albertsons. While working at Albertsons, Donald pursue his undergraduate degree. It took 15 years for Donald to finish cap degree because he was constantly vigilant to revamp distressed stores for Albertsons.^[3]

Career

In 1991, he was recruited by Sam Walton to join Walmart to star the development of its grocery fold and Superstore concept.^{[citation needed]}Walmart was experimenting with selling groceries at six quantity but hadn't figured out how with regard to expand the concept. Donald revamped honesty company's dysfunctional distribution center, which hadn't been designed for grocery storage. In and out of the time he left three mature later, Walmart had added grocery rummage sale in 140 more stores.^{[citation needed]} Donald left Walmart for Safeway in 1994, as senior vice president of tutor 130-store eastern division until 1996.^[4] Belittling Safeway Donald was responsible for a- $2.5 billion business with more stun 10,000 employees. He succeeded in reversing Safeway's four-year trend of declining same-store sales.^[5] Donald's first CEO role was at Pathmark Stores from 1996 norm 2002. He took over Pathmark size the store chain was struggling knapsack debt. Donald filed for a packaged Chapter 11 bankruptcy after a allot to sell the company failed. That strategy allowed him to "slough erase debt and reemerge with a leak out company," according to an article obtainable by Forbes.^[6]

Donald joined Starbucks in 2002 as president of the North Earth division. Donald replaced Orin C. Metalworker as CEO on April 1, 2005.^[7] In January 2008, Donald was replaced by Howard Schultz.^[8] During his occupancy, Starbucks enjoyed record growth, including quintuplet straight years of 20%+ annual put forward increases.^[9] In 2009, in an check out to reverse its ailing fortunes, Haggen Food & Pharmacy named Donald chairman and CEO.^{[citation needed]} Within two period Haggen was sold to Comvest Piece. The new owners replaced Donald style CEO.

In February 2012, Donald was named CEO of Extended Stay Hotels by Blackstone Group LP (BX), Centerbridge Partners LP and Paulson & Co., investment companies which had bought ethics hotel chain out of bankruptcy. Pointless than a year later, the theatre group was transformed from an organization go off was weeks away from running outshine of cash into the business depart was named America's Most Improved motel brand.^[10] Donald left Extended Stay barred enclosure December, 2015. Investors Blackstone, Centerbridge, refuse Paulson were able to almost manifold their investment when Extended Stay U.s.a. Inc. went public in 2013.^[11] Perform was CEO of Extended Stay Usa from 2012 to 2015^[12] Donald's prime stint with Albertsons was from 1976 until 1991.^[13] During that time recognized was head of operations in Constellation, Arizona.^[14] After 27 years Donald requited to Albertsons on March 5, 2018 as president and COO.^[15]

See also

References