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Javier G. Teruel Appointed to Starbucks Board of Directors |
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| Published on October 21, 2005 |
October 21, 2005
Starbucks Corporation, a 2005 HACR Symposium sponsor, has recently appointed Javier G. Teruel, vice chairman of the Colgate-Palmolive Company, to its company board of directors.
“On behalf of HACR, I would like to commend Starbucks Corporation for appointing Javier Teruel to its board of directors,” said Rima K. Matsumoto, executive director of HACR. “This major step towards Hispanic inclusion reflects Starbucks’ continuing commitment to diversity by ensuring that its boardroom mirrors the marketplace and encompasses the talent and degree of independence needed to be a strong and sustainable company.”
“We are pleased that Javier has accepted our invitation to join our Board of Directors,” said Howard Schultz, chairman of the board of Starbucks. “With his extensive background, both domestically and internationally, Javier will be a valuable contributor to the company as we continue to grow and become locally relevant to consumers in every market we enter.”
Teruel has extensive experience in the consumer goods industry, serving as vice chair of Colgate-Palmolive Company since July 2004.After joining Colgate in Mexico in 1971, he advanced through marketing and management positions in Latin America, later becoming vice president of Body Care in Global Business Development in New York, and president and general manager of Colgate-Mexico. Subsequently, Teruel served as president of Colgate-Europe, followed by chief growth officer responsible for the company’s growth functions. Prior to being appointed to his current position at Colgate-Palmolive, Teruel had most recently been executive vice president responsible for Asia, Central Europe, Africa, and Hill’s Pet Nutrition.
Starbucks Corporation
Starbucks Corporation is the leading retailer, roaster and brand specialty coffee in the world, with more than 9,500 retail locations in North America, Latin America, Europe, the Middle East and the Pacific Rim. The Company is committed to offering the highest quality coffee and the Starbucks experience while conducting its business in ways that produce social, environmental and economic benefits for communities in which it does business. In addition to its retail operations, the Company produces and sells bottled Frappuccino® coffee drinks, Starbucks DoubleShot® coffee drink, and a line of superpremium ice creams through its joint venture partnerships. The Company’s brand portfolio provides a wide variety of consumer products--innovative superpremium Tazo® teas and exceptional compact discs from Starbucks Hear Music™ enhance the Starbucks Experience through best-of-class products. The Seattle's Best Coffee® and Torrefazione Italia® Coffee brands enable Starbucks to appeal to a broader consumer base by offering an alternative variety of coffee flavor profiles.
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