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Mellody Hobson to Exit Starbucks Leadership Role
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Mellody Hobson to Exit Starbucks Leadership Role

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Starbucks ( (SBUX) ) has issued an update.

On January 14, 2025, Mellody Hobson announced she would not seek reelection at Starbucks’ 2025 Annual Meeting of Shareholders, having served nearly 20 years in various leadership roles. Her decision is based on confidence in the current leadership and board composition to continue driving the company’s success, highlighting the valuable experiences and insights gained during her tenure.

More about Starbucks

Starbucks Corporation is a leading global coffee company and coffeehouse chain, recognized for its premium coffee and customer-centric service. With a strong presence in the coffee industry, it focuses on creating long-term value for its stakeholders, including customers, partners, and investors.

YTD Price Performance: 0.99%

Average Trading Volume: 8,029,385

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $105.5B

Learn more about SBUX stock on TipRanks’ Stock Analysis page.

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