Microsoft CEO Satya Nadella Resigns From Starbucks Board
By Ben Glickman
Starbucks said that Microsoft Chief Executive Satya Nadella had resigned from its board of directors after seven years in the role.
The coffee-shop chain said in a regulatory filing on Friday that the size of its board would be reduced by one.
Nadella said in a resignation letter that he would continue to be one of the company's biggest fans and cheer it on from the sidelines. He added that he has the utmost confidence in Chief Executive Laxman Narasimhan and the leadership team.
Nadella was named to the company's board in 2017.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
May 31, 2024 16:39 ET (20:39 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
4 Predictions for Stocks and the Economy for the Second Half of 2024
-
What Broadening Rally? AI Stocks Dominate Again In Q2
-
After Earnings, Is Nike Stock a Buy, a Sell, or Fairly Valued?
-
Worst-Performing Stock ETFs of the Quarter
-
Top-Performing Stock ETFs of the Quarter
-
Q2 In Review and Q3 2024 Market Outlook
-
5 Stocks to Buy for 3Q 2024
-
Best- and Worst-Performing Stocks of Q2 2024
-
Industrials: Sector Offers Investment Opportunities as Performance Lags Broader Market
-
Consumer Defensives: Even Amid Macro Pressures, Deals Permeate the Landscape
-
33 Undervalued Stocks
-
Utilities: Can the Stocks Keep the Rally Going?
-
Basic Materials: Following Index Decline, We See Many Long-Term Opportunities
-
Healthcare: Valuations Look Attractive In Most Industries
-
Financial Services: Amid Uncertainties, We See the Most Value In Banks and Credit Services
-
Consumer Cyclicals: Even With Anxiety Over Spending, We See Attractive Valuations