In the Margins

Mellody Hobson to be No. 2 on Starbucks board

June 5, 2018

By Fortune

Mellody Hobson, president of Ariel Investments, will become vice chair of the Starbucks board of directors following the departure of Executive Chairman Howard Schultz later this month. She has been a member of Starbucks’ board since 2005 and also has served on the boards of Estée Lauder, DreamWorks Animation, and Groupon. Myron Ullman, the former CEO of J.C. Penney, will take over as Starbucks’ chair. Read the original story from Fortune.

 

 

Most Read

10 Things
10 Things...to read in summer 2024

It's the Summer Solstice, and that means that for most of us the sun is shining, temperatures are heating up, and longer days allow for pursuits ...

Top of the Agenda - Compensation
Fund board pay increases in 2023, MPI survey says

Independent mutual fund directors saw an increase in compensation in 2023, on average, although actual compensation levels and percentage adjustments in compensation continue to vary widely ...