Satya Nadella, the CEO of Microsoft, has announced his resignation from the Starbucks board of directors, a position he has held since 2017.
In a regulatory filing, the coffee giant confirmed the departure, indicating that the board’s size would subsequently diminish.
In his resignation letter, Nadella conveyed his admiration for Starbucks’ development and transformation throughout his tenure.
He refrained from providing a specific reason for his decision but assured that he would remain one of the company’s most ardent supporters, cheering it on from the sidelines.
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“Throughout my time,” he remarked, “I’ve observed the remarkable evolution of Starbucks, and I carry the pride of our collective achievements with me.”
“As I resign,” he expressed, “I wish to extend my heartfelt gratitude for the chance to contribute and learn from the myriad ways Starbucks has flourished, evolved, and persevered.”
Nadella additionally conveyed his confidence in Starbucks CEO Laxman Narasimhan and the company’s senior leadership team.
“I have full confidence in Laxman and our senior leadership team. Their steadfast dedication and strategic prowess reassure me that Starbucks is in capable hands, positioned for a future brimming with innovation and triumph,” the letter stated.
Satya Nadella’s Tenure and Contribution to Starbucks Board
Nadella’s tenure on the Starbucks board commenced concurrently with the appointment of his former Microsoft colleague, Kevin Johnson, as Starbucks CEO.
His proficiency in technology and international operations was regarded as a valuable asset to the board at that time.
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