Starbucks adds Daniel Servitje, Neal Mohan and Mike Sievert to its Board as Independent Directors

– USA, WA –   Starbucks Coffee Company (NASDAQ: SBUX) today announced the elections of Daniel Servitje, Neal Mohan, and Mike Sievert to its Board as new Independent Directors.

“We are excited to welcome Daniel, Neal and Mike as new independent directors to the Starbucks board. These additions, combined with Laxman’s inspiring and strategic vision, complement our existing skills and experiences, and we are confident they will provide valuable perspectives as we continue to execute our strategy, drive growth and build long-term shareholder value for Starbucks,” said Board Chair Mellody Hobson.

About Daniel Servitje

Daniel Servitje has served as CEO of Grupo Bimbo since 1997 and as Chairman since 2013. He brings more than 20 years of global operations experience and insight into corporate business development.

The global leader in the baking industry and an important player in snacks, Grupo Bimbo drives annual sales of $22.3 billion with over 217 plants and more than 148,000 associates across 34 countries throughout the world. Grupo Bimbo’s 100-plus brands include Bimbo, Sara Lee, Entenmann’s, Thomas’ English muffins, and Takis tortilla chips.

About Neal Mohan

Neal Mohan is the CEO of YouTube. Before he was appointed CEO, Neal served as the CPO, responsible for all YouTube products, user experience, and trust and safety, and was previously SVP of Display and Video Ads at Google. Before joining Google, Neal was SVP of Strategy and Product Development at DoubleClick where he built the strategic plan, rapidly grew the business, and spearheaded its sale and integration into Google. YouTube is used by over two billion people across the globe to watch and share videos, access information, build community, and shape culture.

Neal Mohan is a director on the board of 23andMe and previously served on the board at Stitch Fix.

About Mike Sievert

Mike Sievert has been CEO, President, and Director of T-Mobile US, Inc. since 2020. Under his leadership, T-Mobile has embarked on an expansive, multiyear growth strategy that builds on its longstanding leadership in value and customer experience while rapidly building the nation’s leading 5G network for its more than 117 million subscribers and more than 70,000 employees – operating a best-in-class retail experience and driving annual revenues exceeding $80 billion.

Mike Sievert served as director of Shaw Communications from 2018 to 2023. He has also served on the boards of Rogers Wireless Communications in Canada, Switch & Data Corporation, and several technology start-ups.

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 38,000 stores worldwide, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup.

For information: www.starbucks.com.

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