• Starbucks COO Troy Alstead plans to take an indefinite and unpaid leave of absence from the company on March 1, with no word on when he will return. Alstead, who has been with Starbucks for almost a quarter-century, said he was taking the leave to give his family “dedicated time and attention.”
According to the Wall Street Journal story, "A spokesman said that all Starbucks employees become eligible for a yearlong leave after 10 years with the company, and that Mr. Alstead, who joined the company 23 years ago, first requested taking an extended period off in 2008. But Starbucks at the time was reeling from a steep slump in its profits and the decision to close hundreds of stores, and Chairman Howard Schultz persuaded Mr. Alstead to stay. Mr. Alstead recently requested again to take the leave, the spokesman said."
• Golub Corporation/Price Chopper Supermarkets announced that Robert Allen, the company's Workers’ Compensation Manager, has been promoted to the position of Director, Insurance & Workers’ Compensation.
According to the Wall Street Journal story, "A spokesman said that all Starbucks employees become eligible for a yearlong leave after 10 years with the company, and that Mr. Alstead, who joined the company 23 years ago, first requested taking an extended period off in 2008. But Starbucks at the time was reeling from a steep slump in its profits and the decision to close hundreds of stores, and Chairman Howard Schultz persuaded Mr. Alstead to stay. Mr. Alstead recently requested again to take the leave, the spokesman said."
• Golub Corporation/Price Chopper Supermarkets announced that Robert Allen, the company's Workers’ Compensation Manager, has been promoted to the position of Director, Insurance & Workers’ Compensation.
- KC's View:
