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Mellody Hobson to Depart Starbucks Board After Two Decades of Service
In a significant shift for Starbucks, Mellody Hobson has announced that she will be stepping down from the company's board of directors after a remarkable 20-year tenure. Hobson's departure marks the end of an era for the coffee giant, as she has played a pivotal role in shaping the company’s strategies and initiatives during her time on the board.
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Standard Chartered Faces Departures of Key Bankers in India Amid Strategic Revamp
In a significant shift for Standard Chartered Bank, the financial institution has experienced the departure of four prominent financing bankers based in India. This move comes as part of a broader strategy to revamp its operations and streamline its presence in the region.
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Major Leadership Change at Walmart as Senior Executive Exits Over Relocation Policy
In a significant development within Walmart's leadership team, a senior executive is set to depart the company due to the implementation of a new relocation policy. This policy, which affects numerous positions across the retail giant, has prompted concerns among top management about potential talent retention and the overall impact on corporate morale.
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