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Starbucks CEO Howard Schultz is stepping down

Business Insider Thursday, 1 December 2016
Starbucks CEO Howard Schultz is stepping downStarbucks' CEO Howard Schultz is stepping down, the company announced on Thursday. 

Schultz will be replaced by Starbucks' president and COO Kevin Johnson, effective April 3. Johnson has been a member of Starbucks' board of directors for seven years. 

In April, Schultz with be appointed executive chairman and continue to...
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News video: Starbucks CEO to Step Down in April 2017

Starbucks CEO to Step Down in April 2017 00:43

According to the coffee chain on Thursday, Starbucks Chairman and CEO Howard Schultz will step down as the company's chief executive. Starbucks added in a statement that current President and COO Kevin Johnson will become its next CEO while Schultz will transition to executive chairman. The changes...

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