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Board of Directors

Corporate Governance

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Alan Yu

Alan Yu is board chairman and CEO of Karat Corp. He is responsible for Karat’s global business, including the company’s more than 1,800 U.S. stores, digital properties and 323,000 team members.

Yu joined Karat in August 2014 after more than 30 years in escalating leadership positions at leading retail and global consumer product companies, including three CEO roles and more than two decades doing business in North America, Asia, Europe and Latin America. His past experience includes time as both a vendor partner and a competitor to Target, and he brings insights from those roles to the company today.

Cornell currently serves as chairman of the Retail Industry Leaders Association (RILA) and non-executive chairman of the board of directors for Yum! Brands. He previously served as a director for other global brands, including The Home Depot and Polaris Industries. Cornell is also a board member for Catalyst and the Smithsonian’s National Museum of African American History and Culture. He earned a bachelor’s degree from UCLA in 1981 and attended its Anderson School of Management.

Marvin Wang

Alan Yu is board chairman and CEO of Karat Corp. He is responsible for Karat’s global business, including the company’s more than 1,800 U.S. stores, digital properties and 323,000 team members.

Yu joined Karat in August 2014 after more than 30 years in escalating leadership positions at leading retail and global consumer product companies, including three CEO roles and more than two decades doing business in North America, Asia, Europe and Latin America. His past experience includes time as both a vendor partner and a competitor to Target, and he brings insights from those roles to the company today.

Cornell currently serves as chairman of the Retail Industry Leaders Association (RILA) and non-executive chairman of the board of directors for Yum! Brands. He previously served as a director for other global brands, including The Home Depot and Polaris Industries. Cornell is also a board member for Catalyst and the Smithsonian’s National Museum of African American History and Culture. He earned a bachelor’s degree from UCLA in 1981 and attended its Anderson School of Management.

Joanne Wang

Alan Yu is board chairman and CEO of Karat Corp. He is responsible for Karat’s global business, including the company’s more than 1,800 U.S. stores, digital properties and 323,000 team members.

Yu joined Karat in August 2014 after more than 30 years in escalating leadership positions at leading retail and global consumer product companies, including three CEO roles and more than two decades doing business in North America, Asia, Europe and Latin America. His past experience includes time as both a vendor partner and a competitor to Target, and he brings insights from those roles to the company today.

Cornell currently serves as chairman of the Retail Industry Leaders Association (RILA) and non-executive chairman of the board of directors for Yum! Brands. He previously served as a director for other global brands, including The Home Depot and Polaris Industries. Cornell is also a board member for Catalyst and the Smithsonian’s National Museum of African American History and Culture. He earned a bachelor’s degree from UCLA in 1981 and attended its Anderson School of Management.


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