Press Releases

Starbucks announced the election of Dr. Dambisa Moyo and Marissa Mayer to its Board of Directors, effective as of June 25, 2025.  

“We are bringing together our coffeehouse leaders from across North America to celebrate, empower and equip them to accelerate our transformation," said Brian Niccol, chairman and ceo.

Progress on “Back to Starbucks” Strategy Driving Confidence in Turnaround.

“While we’re only one quarter into our turnaround, we’re moving quickly to act on the 'Back to Starbucks' efforts and we’ve seen a positive response,” said Brian Niccol.

Customers in U.S. and Canada company-owned and operated stores will no longer pay extra for customizing their beverage with non-dairy milk.

“It is clear we need to fundamentally change our strategy to win back customers. ‘Back to Starbucks’ is that fundamental change,” commented Brian Niccol, chairman and ceo.

Results Reflect Challenged Customer Experience; Management is Developing a Plan to Get Back to Starbucks and Will Provide Insights into Its Plan during the Q4 and Full Fiscal Year 2024 Earnings Call

Starbucks adds two new coffee innovation farms located in Guatemala and Costa Rica with future farm investments in Africa and Asia.

Brian Niccol will join Starbucks on September 9, 2024. Mellody Hobson will be lead independent director.

“Our growing culture of focused innovation and relentless execution continues to enhance our capabilities, while helping return the business to sustainable growth,” said Laxman Narasimhan, Starbucks CEO.