Starbucks has announced the retirement of Mellody Hobson, who has served as lead independent director on its board of directors for almost two decades. Hobson joined the US coffee chain board in ...

Despite stepping down from the Board, Hobson affirmed her continued investment in the brand, having not sold any shares since she first acquired them. Credit: Elena Babanova/Shutterstock. Starbucks ...

Mellody Hobson resigns from Starbucks' board after 20 years, citing confidence in CEO Brian Niccol's leadership. Starbucks faces sales struggles over last year, influenced by inflation ...

Gifting allows recipients to access the article for free. Starbucks Corp. director Mellody Hobson said she won’t seek re-election to the board, capping a two-decade tenure that included ...