Rosalind Brewer appointed to Amazon board of directors

by Talk Business & Politics staff (staff2@talkbusiness.net) 441 views 

Rosalind Brewer, chief operating officer at Starbucks and former CEO of Sam’s Club, was appointed to the Amazon board of directors, according to a company filing Monday (Feb. 4) with the U.S. Securities & Exchange Commission.

Brewer was also appointed to the company’s leadership development and compensation committee as part of her board service. She took over as chief operating officer at Starbucks in October 2017. She took that position after leaving Walmart as Sam’s Club CEO, a position she held from February 2012 to February 2017. Brewer joined the Starbucks board in March 2017.

Brewer also served as a director of Lockheed Martin Corp. from April 2011 to October 2017. In connection with her Amazon board appointment, Brewer was granted a restricted stock unit award under the company’s 1997 stock incentive plan for 570 shares of the company’s common stock, to vest in three equal annual installments beginning on Feb. 15, 2020, assuming continued service as a director.

Brewer also entered into an indemnification agreement with Amazon in the same form its other directors have entered, according to the filing. Brewer was bound to a two-year non-compete clause when she left Walmart, which expired Feb. 1.

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