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At the direction of its board of directors, Robert P. Stiller no longer serves as Green Mountain Coffee Roaster's chairman of the board and William D. Davis no longer serves as lead director of the board, effective immediately. Additionally, Stiller and Davis will no longer serve on any board committees and will not receive future payment for their service on the board until the board determines otherwise. These changes are the result of the actions taken by the board to address stock sales by Stiller's and Davis' brokerage firm, which sales were inconsistent with the company's internal trading policies.
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- People:
- Michael J. Mardy
- Places:
- Waterbury, Vt.
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