Starbucks Corporation announced today the nominations of Rosalind Brewer, President and Chief Executive Officer of Sam’s Club, and executive vice president of Wal-Mart Stores, Inc.; Jørgen Vig Knudstorp, Executive Chairman of the LEGO Brand Group; and Satya Nadella, CEO of Microsoft Corporation, to the Starbucks Board of Directors. Each are nominated for election to the Board at the company’s Annual Meeting of Shareholders on March 22, 2017, along with the nomination of the company’s current directors other than Mr. Shennan who is retiring from the Board immediately prior to the meeting.
“For 45 years, the success of the Starbucks brand has been built upon the preservation of the trust, confidence and connection we have with our customers and partners,” said Howard Schultz, Starbucks chairman and ceo. “Innovation and pushing to alter the status quo are also core to our culture, and by welcoming three world-class, values-based leaders – Roz, Jørgen and Satya – to Starbucks Board of Directors upon their election at the Annual Meeting, we will strengthen our leadership and add unmatched expertise in technology, strategy, and retail to the company at a time of unprecedented change for our industry. I look forward to welcoming each of these leaders to Starbucks Board of Directors.”
Rosalind Brewer will bring to the Board extensive insight on large-scale operations and supply chain logistics based on her senior leadership positions with Sam’s Club and Walmart, as well as valuable experience in consumer products and distribution. Brewer will also provide vast experience in product development, product management, leadership, digital technology and innovation, and international operations and distribution.
Jørgen Vig Knudstorp will provide global executive leadership experience from one of the world’s most renowned toy manufacturers and recognizable brands. He will also bring a proven record of innovation and unique insight of brand and digital marketing, strategy, consumer products, and international operations and distribution to the Board.
Satya Nadella will bring to the Starbucks Board extensive experience and an understanding of how technology will be used and experienced around the world. He will provide the Board with invaluable insight in international operations and distribution as Starbucks continues to focus on innovative ways to use technology to elevate the brand and grow its business.
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