Starbucks' New Board Members Make Strategic Sense
It rarely makes much news for a company to name new board members unless it's happening due to an activist investor calling for change. Starbucks (NASDAQ: SBUX) has, however, recently added three people to its board, and all of them speak directly to the chain's evolving business.
The company has added Domino's (NYSE: DPZ) CEO Richard E. Allison, Jr., Nike (NYSE: NKE) CFO Andrew Campion, and Isabel Ge Mahe, Apple's Managing Director of Greater China, to its board, increasing its size to 13.
"As we pursue our goal of building an enduring company, I couldn't be more excited to have Ritch, Andy, and Isabel join our world-class board of directors," said Starbucks CEO Kevin Johnson in a press release. "Their expertise across global technology, retail and customer experience at scale will accelerate our drive to innovate in a way that's relevant to our customers and inspiring to our partners."
Source Fool.com
