Starbucks Reshuffles Leadership to Accelerate Turnaround Bid

Starbucks Corp. is reorganizing part of its senior ranks, looking to speed up plans to reverse a sales slump.

Mike Grams, hired last year as head of North America stores, will become chief operating officer, according to an announcement Wednesday. His responsibilities will expand to include the department in charge of building and renovating stores, led by Meredith Sandland, and the supply-chain division helmed by Sanjay Shah.