starbucks surprisingly announced a change of top. The American coffee chain has announced that Kevin Johnson will be stepping down as CEO after five years, effective April 4. His successor is an old friend: Howard Schultz, who has already held two terms as CEO of Starbucks, is now set to accept the position for a third time, but this time only on a temporary basis. The company hopes to secure a permanent position by the fall.
The coffee chain tried to present the change as orderly. Johnson indicated to the board of directors a year ago that he was considering resigning as the coronavirus pandemic was drawing to a close. Starbucks He also indicated that he appointed a consulting firm for individuals last year to find a successor. Melody Hobson, who chairs the board, told CNBC Wednesday that there is already a list of “cool” candidates. However, the company wants to take its time, the new person heading the board should not be appointed “via Zoom”.

Sylvia Plath writes for Social Post News, covering news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on clear, reliable reporting and useful information, helping readers stay informed about current events, emerging trends, and stories that matter.


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