Starbucks Coffee Company has announced the appointment of two globally influential leaders, Baroness Dambisa Moyo and Marissa Mayer, to its Board of Directors, effective June 25, 2025.
This move reflects the company’s continued focus on deepening its board expertise in global economics, innovation, and digital transformation as it scales its purpose-driven mission in markets around the world.
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Baroness Dambisa Moyo brings over three decades of experience as a global economist, board leader, and policy advisor to the Starbucks boardroom. She is the co-principal of Versaca Investments, a global family office focused on long-term growth investing, which she co-founded in 2021. Known for her sharp analysis of macroeconomic trends and global affairs, Moyo has advised world leaders, Fortune 500 companies, and investment institutions on sustainable growth strategies and economic resilience.
Prior to her current role, she served as CEO of Mildstorm LLC, a financial and economic advisory firm, from 2015 to 2021. Her earlier career included influential tenures at Goldman Sachs and the World Bank, where she focused on capital markets, economic development, and global finance.
Baroness Moyo currently serves on the boards of Chevron Corporation and Condé Nast and has held previous board roles at some of the world’s most respected companies, including SABMiller, Barclays Bank, 3M, and Seagate Technologies. She is the author of several internationally acclaimed books on economic policy, development, and the challenges facing capitalism, earning her recognition as one of the most impactful voices on global economic issues today.
Reacting to her election to the Starbucks Board of Directors, Moyo stated, “It’s a privilege to join the Starbucks Board of Directors and contribute to a company that has become a global symbol of connection, resilience, and innovation. Starbucks’ commitment to uplifting local communities and creating economic opportunities worldwide is inspiring. I look forward to supporting the company’s long-term growth as it continues to lead with purpose, impact, and integrity.”
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Her appointment, along with that of Marissa Mayer, a pioneering force in the technology industry and former CEO of Yahoo, signals Starbucks’ continued evolution as a global company driven by diverse, visionary leadership. As Starbucks advances its mission of nurturing the human spirit, expanding digital experiences, and deepening its roots in local communities across the globe, the insights and experience that Moyo and Mayer bring to the board will be vital in shaping the company’s future.
Their addition to the board reinforces Starbucks’ ambition to remain not just a leader in the coffee business, but a model of corporate responsibility, innovation, and strategic foresight in an ever-changing global landscape.
