Starbucks Coffee Company announces Wei Zhang to join its Board of Directors

– USA, WA –  Starbucks Coffee Company (NASDAQ: SBUX) today announced the election of Wei Zhang to its Board of Directors, effective October 1.

The company also announced that Howard Schultz will step down from the Board of Directors effective today

About Wei Zhang

Wei Zhang most recently served as senior advisor to Alibaba Group, and formerly led Alibaba Pictures Group as president. She spent more than a decade leading Alibaba Group’s international business and media strategy, most recently as senior advisor to Alibaba Group and president of Alibaba Pictures Group. In her earlier role as Alibaba Group’s SVP out of Beijing, she led teams and initiatives to grow the company’s corporate development, corporate strategy, and social responsibility. Zhang has also served in similar leadership roles at News Corp China and CNBC China, where she led the company’s operations, strategy, and business development. Zhang’s background also includes senior positions at Bain & Company and General Electric.

Wei Zhang currently serves on the board of Ralph Lauren Corporation. She is also a past board member of the Los Angeles Sports & Entertainment Commission, Amblin Partners, and the Jack Ma Foundation.

Zhang earned her MBA from Harvard Business School and her bachelor’s degree from Seton Hill University. In 2019, she was recognized with one of the university’s highest honors, the Distinguished Alumni Leadership Award, presented annually to a Seton graduate for their industry contributions, professional achievements, and service to their community. In 2020, Business Insider named her as one of the “100 People Transforming Business” and in 2019, she was recognized with an “Entertainment Game Changer Award” from Asia Society.

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 36,000 stores worldwide, the company is the world’s premier roaster and retailer of specialty coffee. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup.

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