Howard Schultz to Step Down as Starbucks CEO


Starbucks Corp. CEO Howard Schultz has announced plans to step down from his role after being with the coffee giant since 1982. According to the New York Times, he will hand over the reins to current President and COO Kevin Johnson on April 3, 2017.

Johnson has previously served as the CEO of Juniper Networks as well as president of Microsoft’s platform division.

Seattle-based Starbucks operates more than 25,000 locations in 75 countries.

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