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Starbucks’ Schultz to step aside as CEO; stay on as chairman

India Food Forum - 2023 > FOOD SERVICE > Starbucks’ Schultz to step aside as CEO; stay on as chairman

Starbucks’ Schultz to step aside as CEO; stay on as chairman

December 2, 2016 | indiafood forum | FOOD SERVICE

Starbucks chief executive Howard Schultz will step aside as CEO but remain with the company as chairman, the coffee giant said Thursday in a surprise announcement that sent the share price down after hours. Schultz, who helped grow Starbucks from a sleepy chain in Seattle to an iconic global brand, will stay on as executive chairman and chairman of the board…READ MORE