Cathy Smith has served in the CFO role for Nordstrom and Target. Here's the compensation package Starbucks offered her.

Starbucks is replacing its top finance executive, plucking Cathy Smith from the Nordstrom department-store chain, as the coffee group embarks on a turnaround.Smith will take over as CFO in the next month,

The global coffee chain is facing growing competition overseas, labor issues in the U.S. and dropping consumer sentiment globally — an issue it has addressed with its Back to Starbucks campaign.