Starbucks CEO Howard Schultz walks in front of a photo of Starbucks baristas, at the coffee company's annual shareholders meeting in Seattle. Starbucks announced Thursday, December 1, 2016, that Schultz is stepping down from the coffee chain that he joined more than 30 years ago, and that Kevin Johnson will become chief executive as of April 3, 2017. Photo: AP

Starbucks CEO to step down to focus on innovation, social impact activities

Topic |   Starbucks

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Starbucks CEO Howard Schultz walks in front of a photo of Starbucks baristas, at the coffee company's annual shareholders meeting in Seattle. Starbucks announced Thursday, December 1, 2016, that Schultz is stepping down from the coffee chain that he joined more than 30 years ago, and that Kevin Johnson will become chief executive as of April 3, 2017. Photo: AP
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