Starbucks Shared Planet Youth Action Grant Summaries

Howard Schultz to retire as director; Starbucks honors Schultz as lifelong Chairman Emeritus, forever inspired by his passion, heart, spirit, and commitment to the power of human connection Elects Wei Zhang to join Board of Directors, bringing more than 20 years of experience in global operations, consumer technology and corporate business development

Starbucks, in partnership with its local licensee Alshaya Group, has been serving communities in Morocco for over 10 years. In response to the devastating earthquake that hit Morocco on Sept. 8, The Starbucks Foundation and Alshaya Group will make an initial joint donation of $200,000 to support communities and relief efforts.

Following the global search for the new leader of Starbucks, Laxman Narasimhan joined the company as incoming ceo on October 1, 2022, bringing nearly 30 years of experience leading global consumer goods businesses and advising retail, grocery, restaurant and e-commerce companies.