---
schema_version: "secwatch.filing_event.v1"
accession: "0000829224-23-000048"
form_type: "8-K"
ticker: "SBUX"
cik: "0000829224"
company_name: "STARBUCKS CORP"
filed_at: "2023-09-13T23:59:59+00:00"
generated_at: "2026-06-10T19:40:11.719657+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Howard Schultz resigns from Starbucks board; Wei Zhang elected director

## Summary
- Howard Schultz resigned as Starbucks director effective Sept 12, 2023, after serving as interim CEO in 2022.
- Company will provide Schultz and spouse security services for up to 10 years, reviewed annually, plus healthcare premium reimbursement.
- Wei Zhang, former Alibaba senior advisor and president of Alibaba Pictures, elected to board effective Oct 1, 2023.
- Zhang brings experience in global operations, consumer technology, and corporate business development; will be ninth director.

## SEC filing metadata
- accession: 0000829224-23-000048
- form_type: 8-K
- ticker: SBUX
- cik: 0000829224
- company_name: STARBUCKS CORP
- filed_at: 2023-09-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829224/000082922423000048/0000829224-23-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829224/000082922423000048/sbux-20230912.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000829224-23-000048
- JSON: https://secwatch.observer/filing/0000829224-23-000048.json
- Plain text: https://secwatch.observer/filing/0000829224-23-000048.txt

## Key facts
- Executive change
  Wei Zhang was appointed as director at STARBUCKS CORP.
  - Action: appointed
  - Role: director
  source text: On September 12, 2023, the Board appointed Wei Zhang to serve as a director on the Board, effective as of October 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/829224/000082922423000048/0000829224-23-000048-index.htm
- Executive change
  Howard Schultz resigned as director at STARBUCKS CORP.
  - Action: resigned
  - Role: director
  source text: On September 12, 2023, Howard Schultz notified the Board of Directors (“Board”) of Starbucks Corporation (the “Company”) that he will resign as a director of the Company, and from all other positions with the Company and its affiliates, effective as of September 12, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/829224/000082922423000048/0000829224-23-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.