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Starbucks' lead independent director Mellody Hobson on the coffee giant’s stunning decision to replace CEO Laxman Narashimhan with Chipotle’s leader Brian Niccol. In this newsmaking interview, Hobson describes the tough decisions taken by the company’s board and the opportunities ahead. Fanatics CEO Michael Rubin on the upcoming Fanatics Fest live event for sports fans. Plus, Former President Trump returns to social media platform, X, in a live “Spaces” with Elon Musk … the potential deficit bubble from eliminating taxes on tips … and the expectations for Vice President Harris’ economic plan.

Mellody Hobson - 22:19

Michael Rubin - 33:56

Robert Frank, @robtfrank

Melissa Lee, @melissaleecnbc

Andrew Ross Sorkin,@andrewrsorkin

Katie Kramer,@Kramer_Katie

Starbucks Switch with Mellody Hobson; Fanatics Fest 08/13/24

Squawk Pod

Starbucks Switch with Mellody Hobson; Fanatics Fest 08/13/24