Starbucks Statement on the Passing of Ratan Tata: business leader who exemplified generosity and strong values

Starbucks acknowledges with sadness the passing of Ratan Tata, Tata Group chairman emeritus.

Mr. Tata was known as a wise and principled leader whose vision and dedication shaped the Tata Group into one of the most respected and admired companies in the world, known for its culture and values as much as its results. He was instrumental in building the partnership with Starbucks Coffee Company that brought the company's coffeehouse experience to India and showcased Indian coffees to the world. Today, more than 4,000 Starbucks partners work at nearly 400 stores across India.

"I share my deep condolences with Mr. Tata's family, his colleagues and all those who were positively impacted by his commitment to giving back to the community," said Brian Niccol, chairman and chief executive officer of Starbucks. "The partnership between Tata Group and Starbucks is based on shared values and a belief that businesses are most successful when they are centered on humanity. His legacy of social responsibility and community impact will continue to inspire generations in the communities we serve across India."

Starbucks founder and chairman emeritus, Howard Schultz, added "One of the great privileges of Starbucks expansion to India was meeting-and then building a personal friendship-with Ratan Tata, the visionary leader of the Tata conglomerate, a man of uncommon wisdom and character who helped turn his nation into a global economic power. He was instrumental in creating the deep and enduring partnership between Starbucks and Tata in India. I join millions in India, and around the world, in mourning his passing. He leaves us with an enduring legacy of valued-based leadership and innovation."