Addendum #7

Resolution

from the

Northern Michigan University

Board of Trustees

to

Howard D. Schultz

Whereas,  Howard D. Schultz, 1975 graduate of Northern Michigan University, has distinguished himself as one of the Nation’s outstanding business leaders by receiving the Fortune Magazine 2011 Business Person of the Year Award; and

Whereas, he has successfully lead Starbucks back to financial health posting record revenue and profits, and a return to its core values through innovative and benevolent leadership; and

Whereas, he has built an enduring company that has used its scale of influence as a force for positive action and change for communities looking to the private sector for assistance: and

Whereas, he has demonstrated the power of corporate partnerships to address economic issues with the creation of the Starbucks Create Jobs for USA Fund and the company partnership with Opportunity Finance Network® (OFN); and

Whereas, he has lead Starbucks’ commitment to social responsibility through ethical sourcing, environmental stewardship, and community involvement including the implementation of a new profit sharing program where community organizations will share in the profits of a local store; Now therefore be it

Resolved,  that we, members of the Board of Trustees of Northern Michigan University, do commend him for his leadership and commitment to guiding Starbucks to be a force for positive action in these difficult political and economic times.

Presented this 16th Day of December, 2011 at Marquette Michigan

                                                                        __________________________________   

                                                                                                                         Leslie E. Wong

                                                                        President of Northern Michigan University

                                                                        __________________________________

                                                                                                                     Brian D. Cloyd

                                                                                                        Chairman of the Board