Facebook COO Sheryl Sandberg will no longer be on the Starbucks board of directors next year, the Seattle-based company has announced. Sandberg was on the Starbucks board since March 2009 but will not be rejoining in 2012. Facebook declined to comment on the news.
At the time she joined, Starbucks was her first public company board position. Sandberg was then very shy of the press as she had only been at Facebook for a year. Since then, well, we've seen her in various types of interviews, both as the interviewee and the interviewer.
Starbucks said Sandberg "notified the company of her intention not to stand for re-election at the 2012 Annual Meeting of Shareholders." The company also noted "her extensive business strategy and operational execution experience will be missed" and that it "thanks her for her contributions over the past two years."
A reason was not given as to why Sandberg is leaving the Starbucks board, but I would wager it's for the same reason almost anything is changing in regards to Palo Alto nowadays: the upcoming initial public offering (IPO). Facebook is expected to announce its IPO filing soon, and as COO, Sandberg is going to be quite busy making sure everything is running smoothly. We can expect Sandberg to leave other boards as well and make changes to her day-to-day operations as she focuses on guiding the social networking giant through the process.
Starbucks doesn't have a very tight partnership with Facebook, or at least not any closer than the average food or beverage shop. The coffee giant does, however, have a Facebook Page with a sizeable 26.4 million Likes at the time of writing.
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