Breaking News
Get 40% Off 0
👀 Reveal Warren Buffett's stock picks that are beating the S&P 500 by +174.3% Get 40% Off

Labor group nominates three candidates for Starbucks board seats

Published Nov 21, 2023 05:43PM ET Updated Nov 21, 2023 09:40PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
© Reuters. Members of the Starbucks Workers Union and other labor organization picket and hold a rally outside a company owned Starbucks store, during the coffee chain's Red Cup Day event in New York City, U.S., November 16, 2023. REUTERS/Brendan McDermid/File Phot
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio

(Reuters) -The Strategic Organizing Center (SOC), a coalition of North American labor unions, said on Tuesday it had nominated three candidates for board seats at Starbucks Corp (NASDAQ:SBUX), deploying a tactic typically used by activist shareholders.

Those nominated for election to Starbucks' board are Maria Echaveste, Joshua Gotbaum and Wilma Liebman, who worked in the administrations of former U.S. Presidents Bill Clinton and Barack Obama, the union said in a statement.

The annual meeting, when Starbucks shareholders will vote on the composition of its eight-member board, is scheduled for March 13, 2024.

"The board's nominating and corporate governance committee will review SOC Investment Group's proposed director nominee(s) in accordance with its normal process," Starbucks said in a statement.

It added it had invested more than $3 billion over the last three years on wage increases, training, new equipment and technology, and that it would do so at this pace in 2024. It also said it had increased hourly pay by nearly 50% since 2020, offered more working hours and recorded lower staff turnover.

Workers at several Starbucks stores walked off their jobs last week in a strike organized by the Workers United union during a key promotional event demanding improved staffing and schedules.

SOC said the National Labor Relations Board, a federal agency that upholds workers' rights, has issued more than 120 complaints against Starbucks in the last two years. These include accusations of illegal discipline and firings, store closures to halt union activity, worker surveillance and the failure to bargain with workers in good faith.

"At a time when Starbucks has set an ambitious goal of opening more than 17,000 new stores by 2030, it cannot waste any more resources fighting its own workers," SOC said in a statement.

A National Labor Relations Board spokesperson did not immediately respond to a request for comment.

The union represents more than 9,000 Starbucks employees at about 360 U.S. stores. It is affiliated to Service Employees International Union, which is part of SOC, a shareholder at Starbucks.

Starbucks employed about 228,000 people in the U.S. with 3.6% of Starbucks partners in U.S. company-operated stores represented by unions as of Oct. 1, according to regulatory filing.

Strikes have taken place across industries as a tight U.S. labor market, the expiry of union contracts along with still-high living costs have led to tough negotiations for pay hikes and benefits.

According to preliminary data from the U.S. Bureau of Labor Statistics, nearly 444,900 workers have been involved in work stoppages and strikes through October this year.

Starbucks said on Monday it had created a new board committee dedicated to helping it better engage with stakeholders, including the company's employees.

Labor group nominates three candidates for Starbucks board seats

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your profile, will be public on and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
Sign up with Email