Howard Schultz named interim Starbucks CEO as Kevin Johnson retires
Starbucks CEO Kevin Johnson is retiring after five years at the helm of the company, the coffee chain announced on Wednesday — paving the way for the return of Howard Schultz on an interim basis.
Schultz, the man credited for turning the Seattle-based restaurant into a global behemoth, will assume the title of interim CEO while the company board searches for a permanent replacement. He will be paid $1 to take control of the coffee chain.
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