Starbucks Expands Board with Appointment of Two New Directors

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Moyo and Marissa Mayer, effective immediately. Both new directors will be entitled to prorated annual compensation. Dambisa Moyo, a seasoned global economist, and Marissa Mayer, an experienced technology executive, bring extensive expertise in macroeconomics, global affairs, and technology, respectively. Their appointments are expected to support Starbucks' Back to Starbucks strategy and long-term growth.

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About Starbucks Corporation

Starbucks Corporation is a renowned global leader in the coffeehouse industry, offering a wide array of beverages including coffee, tea, and other specialty drinks, alongside complementary food items. The company operates retail locations worldwide, providing customers with a unique coffeehouse experience characterized by quality products and a welcoming atmosphere. Beyond its physical stores, Starbucks significantly impacts the coffee production industry, promoting sustainable sourcing and ethical supply chain practices. Its operations extend into grocery and convenience stores through products like ready-to-drink beverages and consumer-packaged coffee. Founded in 1971 and headquartered in Seattle, Washington, Starbucks Corporation is pivotal in shaping consumer beverage preferences and enhancing global coffee culture, influencing both retail and wholesale sectors.