Press release
Starbucks Hosts Virtual Annual Meeting of Shareholders Rooted in Caring for People and Growing its Business Responsibly
As the world grapples with the vast scale and human impact of COVID-19, Starbucks ceo Kevin Johnson says Starbucks has the financial strength and resilience
About this update from Starbucks Corporation
[{"type":"text","content":"\nAs the world grapples with the vast scale and human impact of COVID-19, Starbucks ceo Kevin Johnson says Starbucks has the financial strength and resilience to manage through this extraordinary time, guided by the company’s Mission and Values \n\n\n\nWith customer and partner (employee) safety paramount, Starbucks activates its “to go” model for communities across the US & Canada, leveraging the Starbucks mobile app, Drive Thru and new Starbucks® Delivers.\n\n\nStarbucks offers paid sick leave and catastrophe pay; also announces a new mental-health benefit for U.S. partners and their families.\n\n\nCompany celebrates continued recovery in China, with 90 percent of stores now open and the announcement of a new sustainable roasting plant coming in 2022.\n\n\nCompany reflects on fiscal 2019 performance and strong financial position; announces Board of Directors authorization to repurchase up to 40 million shares of the company’s common stock. \n\n\n SEATTLE--(BUSINESS WIRE)--\nStarbucks Corporation will hold its 28th Annual Meeting of Shareholders today, virtually, with opening remarks from Kevin Johnson, president and chief executive officer.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200318005207/en/On Wednesday, March 18, 2020 Starbucks will hold its 28th Annual Meeting of Shareholders virtually, with Kevin Johnson, president and chief executive officer, sharing an update on the company’s commitment to the care of its partners and customers and long-term business growth strategy. (Photo: Business Wire)\n\nAs the company continues to monitor and navigate through the dynamic situation of COVID-19, Johnson will share an update on the company’s commitment to its long-term business growth strategy that is grounded in the care of its partners (employees) and customers.\n\n\n“As we are navigating this dynamic global environment together, we will continue to prioritize the health and well-being of our partners and customers while we support local health officials and governments in containing the virus,” said Johnson. “We are a resilient and enduring company by staying true to our Mission and Values with a purpose that goes beyond the pursuit of profit.”\n\n\nOn the cusp of the company’s 50th year anniversary, Johnson will also reflect on the company’s strong performan...