Microsoft CEO Satya Nadella resigning from Starbucks board effective immediately

https://www.cnbc.com/video/2024/05/31/microsoft-ceo-satya-nadella-resigning-from-starbucks-board-effective-immediately.html

by croes • 2 years ago

22 13 2 years ago

cnbc.com

pcurve• 2 years ago

Wish they provided more details on the reason.

justinclift• 2 years ago

Probably have to wait for anonymous insider disclosures, or even maybe a revealing lawsuit to pop up in the legal system.

JauntTrooper• 2 years ago

Here's his resignation letter:

https://www.sec.gov/Archives/edgar/data/829224/0000829224240...

lloydatkinson• 2 years ago

I didn't even know he was also a Starbucks exec. Wild.

dgrin91• 2 years ago

Not an exec, just on the board, which isn't the same

SkyPuncher• 2 years ago

In fact, it’s common and desirable.

metaltyphoon• 2 years ago

Amazing how he is allowed to moonlight while others have to sign contracts which forbids moonlighting.

cqqxo4zV46cp• 2 years ago

Is it amazing? It’s called leverage. It’s not unusual at all.

upmind• 2 years ago

Why was he on the board in the first place?

delfinom• 2 years ago

Boards of large companies are largely a circular group of rich people fellating each other?

ontheblockchain• 2 years ago

At first I thought cnbc literally just wrote a headline as an article, and left it at that. Took me a while to realize it was a video link.

drbig• 2 years ago

poised for a future filled with innovation and success.
I look forward to watching Starbucks flourish and am excited for the new chapters that await us all.

Amazed I sit here. Direct-to-blood-coffee, Copilot+++. Anyways, I'm sure it's all for the sake of humanity.

Quotes from the sec.gov-hosted farewell letter linked by JauntTrooper - thanks for the source!

rurban• 2 years ago

so who else was he on the board with? sounds like a major disagreement with the board only, not executive management.

Microsoft CEO Satya Nadella resigning from Starbucks board effective immediately

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