SBUX Starbucks Corporation

Starbucks Reaches Agreement with Donte Robinson and Rashon Nelson

After constructive conversations, Donte Robinson, Rashon Nelson and Kevin Johnson, ceo of Starbucks Coffee Company (NASDAQ: SBUX) reached an agreement earlier this week.

The agreement between the parties stemming from the events in Philadelphia on April 12 will include a financial settlement as well as continued listening and dialogue between the parties and specific action and opportunity.

“I want to thank Donte and Rashon for their willingness to reconcile,” said Kevin Johnson, ceo Starbucks. “I welcome the opportunity to begin a relationship with them to share learnings and experiences. And Starbucks will continue to take actions that stem from this incident to repair and reaffirm our values and vision for the kind of company we want to be.”

Further details will be provided in a mutually agreed public statement.

EN
02/05/2018

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