Starbucks' interim boss sells $341K in stock after surprise CEO shuffle

Starbucks’ interim chief executive cashed in more than $341,000 in company stock on news that the java giant tapped Chipotle’s CEO Brian Niccol to replace its embattled boss Laxman Narasimhan, security filings show.Rachel Ruggeri — the Seattle-based coffee chain’s chief financial officer who will be its interim CEO until Niccol officially takes the reins on Sept. 9 — sold 3,750 shares to bag a windfall of $341,850, according to a Securities Exchange Commission filing. 4 Rachel Ruggeri, who is Starbucks’ C ...