Starbucks Corporation announced the appointment of Richard (Ritch) E. Allison, Jr., Chief Executive Officer of Domino’s; Andrew (Andy) Campion, Executive Vice President and Chief Financial Officer of NIKE; and Isabel Ge Mahe, Apple’s Vice President and Managing Director of Greater China, to the Starbucks Board of Directors. These appointments increase Starbucks Board of Directors to 13. All three joined the Starbucks Board of Directors effective September 11, 2019. Allison has served as Domino’s Chief Executive Officer since July 2018. He previously served as President, Domino’s International from October 2014 to July 2018, after joining the company in March 2011 as Executive Vice President of International. Allison will serve on the company’s Compensation and Management Development Committee. Campion will serve on the company’s Audit and Compliance Committee. He joined NIKE in 2007 and since 2015 has served as Executive Vice President and Chief Financial Officer of NIKE Inc., with responsibility for all aspects of strategy and financial management. Ge Mahe joined Apple in 2008, overseeing the development of cellular, Wi-Fi, Bluetooth, Near Field Communication (NFC), location and motion technologies for nearly every Apple product. She also played a key role in developing new China-specific features for iPhone and iPad. In her current role, she provides leadership and coordination across Apple’s China-based team. She will join the company’s Nominating and Corporate Governance Committee.
Starbucks Corporation specializes in owning and operating coffee shops. The group also develops a coffee roasting activity. Net sales break down by source of revenue as follows:
- sales within company-operated coffee shops (81.9%): as of October 1st, 2023, owned a network of 19,592 coffee shops under the Starbucks Coffee®, Teavana®, Ethos®, Starbucks Reserve® and Princi® brands;
- sales within licensed stores (12.5%): 18,446 licensed stores located primarily in the United States (6,701), Korea (1,870), Latin America (1,649) and the United Kingdom (911);
- other (5.6%): sales of coffee, beverages and food products for companies, hotels, hospitals, airlines, etc.
Net sales break down by family of products between beverages (60.3%), food (18.3%) and other (21.4%).
Net sales are distributed geographically as follows: the United States (73.4%), China (8.6%) and other (18%).