Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
Starbucks Corporation (the "Company" or "Starbucks") today announced that
Rosalind (Roz) Brewer has informed the Company that she is resigning from her
position as chief operating officer and group president, effective February 26,
2021, to become the chief executive officer of another publicly traded company.
Beginning February 8, 2021, Ms. Brewer's responsibilities will transition to
other members of the Starbucks leadership team. Rossann Williams, executive vice
president, president U.S. company-operated business and Canada and a 16 year
Starbucks partner (employee), will assume responsibility for the U.S. licensed
stores, Latin America, Global Supply Chain and Global Store Concepts/Area
Transformation businesses. Brady Brewer, executive vice president, chief
marketing officer and a 19 year Starbucks partner, will lead technology,
analytics & insights, and innovation culture and methodologies.
Ms. Brewer will also resign her position as a member of the Company's Board of
Directors effective February 26, 2021 and will no longer be a nominee for
re-election at the Company's Annual Meeting of Shareholders to be held on
March 17, 2021. Effective upon Ms. Brewer's departure from the Board, the size
of the Board will be reduced by one.
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