Andy Campion
STARBUCKSAbout Andy Campion
Andy Campion, age 53, has served as an independent director of Starbucks since 2019. He is Audit Committee chair and a member of the Compensation and Management Development Committee. Campion previously held senior executive roles at Nike, including COO, CFO, Managing Director of Strategic Ventures, and head of global strategy (2007–Apr 2024). He holds a B.A. in Economics (UCLA), an MBA (UCLA Anderson), a JD and a master’s in taxation (University of San Diego); he is currently Executive Chairman and CEO of Unrivaled Sports. Independence affirmed by the board under Nasdaq rules; there are no family relationships among current directors or executive officers.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Nike, Inc. | Managing Director, Nike Strategic Ventures; Chief Operating Officer; Chief Financial Officer; Head of Global Strategy | 2007–Apr 2024 | Led global brand/business growth strategies, operational excellence, sustainability, talent development, and enterprise financial management |
| The Walt Disney Company | Senior Vice President, Corporate Development; prior roles in global strategic planning, M&A, FP&A, operations planning, investor relations, tax | ~11 years prior to Nike | Led strategy/M&A and investor relations; cross-functional leadership in corporate development |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Williams-Sonoma, Inc. | Director | Since 2024 | Current public company board service |
| Los Angeles 2028 Olympic & Paralympic Games | Board of Directors | Not disclosed | Non-profit governance |
| UCLA Anderson | Board of Advisors | Not disclosed | Founder/Director of UCLA Sports Leadership & Management Program |
| The SpringHill Company | Director (private media) | Not disclosed | Private company board |
Board Governance
- Committee assignments: Audit and Compliance Committee (chair); Compensation and Management Development Committee (member). The board determined all committee members are independent; Campion qualifies under SEC/Nasdaq heightened criteria.
- Audit Committee financial expert: Campion designated by the board as an “audit committee financial expert.”
- Committee activity: Audit Committee met 10 times; Compensation Committee met 5 times in FY2024.
- Attendance and engagement: In FY2024, each incumbent director attended at least 75% of board and applicable committee meetings; all directors then serving attended the 2024 Annual Meeting. The board held 16 meetings.
- Audit Committee report: As chair, Campion and committee members recommended inclusion of audited FY2024 financials in the Form 10-K and recommended ratifying Deloitte & Touche LLP for FY2025.
- Independence: The board affirmed independence of all directors serving in FY2024 except the CEO (current and former). Campion is independent.
Fixed Compensation
| Component (2024 Plan Year: Mar 2024–Mar 2025) | Amount | Structure |
|---|---|---|
| Annual Retainer | $130,000 | Lump sum cash or fully-vested RSUs (director election) |
| Annual Equity Award | $180,000 | Fully-vested RSUs (fixed value; immediate vesting) |
| Additional Retainer – Audit Committee Chair | $30,000 | Cash or fully-vested RSUs (director election) |
| Additional Retainer – Compensation/Impact/Nominating Chairs | $20,000 | Cash or fully-vested RSUs (director election) |
| Perquisites | None | Non-employee directors do not receive perquisites |
| Ownership Guidelines | $650,000 (5× $130,000 retainer) | Compliance within 5 years; DSUs count; all current non-employee directors in compliance or on track |
| FY2024 Non-Employee Director Compensation (Reported) | Fees Earned/Paid in Cash ($) | Stock Awards ($) | Option Awards ($) | Total ($) |
|---|---|---|---|---|
| Andy Campion | — | $339,965 | — | $339,965 |
Notes:
- Stock awards reflect grant-date fair values of RSUs; directors may elect to receive retainers as RSUs.
- As of Sep 29, 2024, Campion had 0 options outstanding.
Performance Compensation
| Item | Details |
|---|---|
| Performance-based equity awards for directors | Not provided; directors do not receive performance-based equity awards. |
| Performance metrics (TSR, revenue, ESG, etc.) | Not applicable to non-employee director compensation. |
Other Directorships & Interlocks
| Item | Details |
|---|---|
| Current public board | Williams-Sonoma, Inc. (since 2024) |
| Compensation committee interlocks | None in FY2024; no member of the Compensation Committee had relationships requiring Item 404 disclosure; no Starbucks executive served on boards/comp committees of entities with interlocks. |
Expertise & Qualifications
- Skills: Brand marketing, environmental/climate, financial/capital allocation, human capital, industry (consumer/retail/F&B), international operations, public company governance, senior leadership, technology.
- Financial expert designation: Audit Committee financial expert under SEC rules.
- Education: BA (Economics, UCLA); MBA (UCLA Anderson); JD & Master’s in Taxation (University of San Diego).
Equity Ownership
| Holder | Shares | Options (Exercisable ≤60 days) | RSUs | Deferred Stock Units (DSUs) | Total Beneficial Ownership | % of Class |
|---|---|---|---|---|---|---|
| Andy Campion | — | — | — | 21,768.252 | 21,768.252 | * (<1%) |
- Ownership policy: Non-employee directors must hold stock worth ≥$650,000; all current non-employee directors are compliant or on track. DSUs count toward guidelines.
- Hedging/pledging: Policy prohibits hedging and pledging; no current director or immediate family member holds pledged Starbucks shares.
Governance Assessment
- Board effectiveness: Campion’s deep finance and operations background, SEC-designated audit financial expert status, and role as Audit Committee chair reinforce strong oversight of financial reporting, internal controls, and audit independence. The committee’s active cadence (10 meetings) and formal report support investor confidence.
- Independence & conflicts: Independence affirmed; proxy discloses no related-person transactions involving Campion; Compensation Committee interlocks absent—reducing conflict risk.
- Alignment & incentives: Director pay emphasizes equity with immediate vesting; robust ownership guidelines ($650k) with DSUs counting; no perquisites, no performance-based equity—consistent with best practices for independent director alignment without incentivizing short-term metrics.
- Attendance & engagement: Board-level attendance thresholds met; executive sessions occur regularly, bolstering independent oversight.
- RED FLAGS: None disclosed specific to Campion—no pledging/hedging, no related-party transactions, no Section 16 delinquency noted for him. Policy framework and committee independence appear robust.