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Starbucks CEO Howard Schultz to step down | Reuters

Firstpost Thursday, 1 December 2016
Starbucks Corp (SBUX.O) said Howard Schultz will be stepping down as chairman and chief executive officer of the coffee chain, but will continue as executive chairman.Chief Operating Officer Kevin Johnson will replace Schultz as chief executive effective April 3, 2017. Shares of the company were down 4 percent in after hours trading on Thursday.

The post Starbucks CEO Howard Schultz to step down
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Source: Wochit Business - < > Embed

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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TOM OF ELMWOOD PARK RT @Alicete54: Howard Schultz to Step Down as Starbucks CEO https://t.co/0z0x85ks0Y https://t.co/a5rOZ46ipW 10 hours ago

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Antony Anindo RT @Alicete54: Howard Schultz to Step Down as Starbucks CEO https://t.co/0z0x85ks0Y https://t.co/a5rOZ46ipW 10 hours ago

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Alice 🇺🇸👈 Howard Schultz to Step Down as Starbucks CEO https://t.co/0z0x85ks0Y https://t.co/a5rOZ46ipW 10 hours ago

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Milenka Howard Schultz to Step Down as Starbucks CEO https://t.co/zjnQ24VN7M https://t.co/S9ihe0aq3l 10 hours ago

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John M Knox Howard Schultz to Step Down as Starbucks CEO. Will he run for President in 2024? $SBUX https://t.co/79PuUZ0XDc 12 hours ago

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