Howard Schultz returns to Starbucks as interim CEO
CNN
Starbucks CEO Kevin Johnson will step down on April 4 after five years at the helm of the company, Starbucks said in a statement Wednesday. Howard Schultz, who spent decades leading the company before Johnson, will take over as interim CEO and rejoin its board as the company searches for a new chief executive.
"A year ago, I signaled to the board that as the global pandemic neared an end, I would be considering retirement from Starbucks," Johnson said in a statement. "I feel this is a natural bookend to my 13 years with the company."
Johnson joined the Starbucks (SBUX) board in 2009, and became president and chief operating officer in 2015. He took over as CEO in 2017, replacing Schultz.
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