Microsoft’s CEO Satya Nadella resigns from the Starbucks board with immediate effect

Nadella, in his resignation letter, says he’ll be one of the company’s biggest fans

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Published onJune 2, 2024

published onJune 2, 2024

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Starbucks has recently mentioned the resignation of Microsoft’s CEO Satya Nadella from the company’s board. The company took to therecent SEC filingto inform Nadella’s immediately effective resignation.

Microsoft CEO didn’t mention the exact reason behind his resignation from the Starbucks board. However, he expressed confidence in the Seattle-based coffee giant’s CEO Laxman Narasimha, and the senior leaders of the company.

Satya Nadella resigns from the board with immediate effect

As you may know, Nadella joined the Starbucks board back in 2017. He joined the board when his ex-colleague Kevin Johnson was readying to take on the role of the company’s CEO. Then, Nadella was one of the vital figures on the board. He was not only expected to offer tech insights but also operations and distributions of Starbucks in the international market.

The Starbucks board now has a total of ten board members after Satya Nadella’s resignation. As per the SEC filing, Nadella addresses his resignation letter to Mellody Hobson and Jørgen Vig Knudstor. Not to forget they serve as Starbucks board chair and chair of the board’s Nominating and Corporate Governance Committee, respectively.

Resignation letter of Satya Nadella

Dear Mellody and Jørgen,

I write to you today with a heart full of mixed emotions as I announce my retirement from the Starbucks Board of Directors effective immediately. It has been a profound privilege and an honor to serve this extraordinary company alongside such dedicated colleagues on the board for the past 7 years!

Throughout my tenure, I have witnessed the remarkable evolution of Starbucks, and I carry with me the pride of our collective achievements. As I step down, I want to express my deepest gratitude for the opportunity to contribute and learn from all the ways Starbucks has grown, changed, and continued to thrive.

While I may be retiring from my role on the board, my belief in Starbucks’ mission and my support for our partners remain steadfast. I will continue to be one of the company’s biggest fans, cheering on from the sidelines as you propel Starbucks to even greater heights.

I have the utmost confidence in Laxman and our senior leadership team. Their unwavering commitment and strategic acumen assure me that Starbucks is in capable hands, poised for a future filled with innovation and success.

Thank you once again for the privilege of serving with you. I look forward to watching Starbucks flourish and am excited for the new chapters that await us all.

Warm regards,Satya

Not to forget the news comes right afterNadella met Sam Altmanto discuss his concerns over OpenAI’s deal with Apple.

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Microsoft’s CEO Satya Nadella resigns from the Starbucks board with immediate effect#

Satya Nadella resigns from the board with immediate effect#

Resignation letter of Satya Nadella#

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Copilot in Outlook will generate personalized themes for you to customize the app

Microsoft will raise the price of its 365 Suite to include AI capabilities

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Outlook will let users create custom account icons so they can tell their accounts apart easier

Microsoft’s CEO Satya Nadella resigns from the Starbucks board with immediate effect

Satya Nadella resigns from the board with immediate effect

Resignation letter of Satya Nadella