Howard Schultz to step down as executive chairman of Starbucks

Starbucks Coffee Co., Seattle, Wash., announced that their iconic leader and visionary entrepreneur Howard Schultz is stepping down from his role as executive chairman and member of the Board of Directors, effective June 26. He will be honored with the title of chairman emeritus, the company said in a statement. The company will continue to be led by Kevin Johnson, chief executive officer (CEO) and member of the Board of Directors, it added.

Source: Noticias