Starbucks’ top independent director Mellody Hobson to step down By Reuters


(Reuters) – Coffee giant Starbucks (NASDAQ: ) said on Thursday that Mellody Hobson, the company’s top independent board director, is leaving.

Hobson previously served as chairman of the board from March 2021 to September 2024 and has been with the company for nearly two decades.

© Reuters. FILE PHOTO: A view shows the logo of an American coffee company Starbucks on a wall outside a coffee shop in Mexico City, Mexico June 17, 2024. REUTERS/Henry Romero/File Photo

“In two decades, I have never sold a share of Starbucks and plan to remain a strong investor,” Hobson said in a letter to shareholders.

He assumed the role of lead independent director alongside CEO Brian Niccol in September last year.





Source link

  • Related Posts

    China’s economy meets official growth ambitions, but many feel a slowdown By Reuters

    BEIJING (Reuters) – China’s economy grew 5% last year, matching the government’s target, but in a skewed fashion, with many people complaining of deteriorating living standards as Beijing struggles to…

    China shows strongest GDP growth in more than a year

    China shows strongest GDP growth in more than a year Source link

    Leave a Reply

    Your email address will not be published. Required fields are marked *