"The company's "reinvention" plans were first introduced by former CEO Howard Schultz last year. "
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"Starbucks Corp. on Wednesday said that former chief executive Howard Schultz is stepping down from its board of directors. "
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"Sen. Bernie Sanders, chairman of the Senate Committee on Health, Education, Labor and Pensions, said CEO Howard Schultz to testify before their panel about the company's labor practices. "
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"We saw accelerating demand for Starbucks coffee around the world in Q4 and throughout the year," interim Chief Executive Howard Schultz said in a statement."
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"Starbucks Corp. founder and interim Chief Executive Howard Schultz said late Thursday that the retailer is eliminating the position of Chief Operating Officer, with COO John Culver departing on Oct. 3 and serving as adviser through the end of the year after two decades with the company. "
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"It's critically important that you all understand we are not currently seeing any measurable reduction in customer spending or any evidence of customer's trading down," Chief Executive Howard Schultz said on the company's earnings call. "
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"Starbucks Corp. posted a letter on its corporate site from Chief Executive Howard Schultz to the company's workers on Monday that gives a sneak peek at big changes Schultz says are in store. "
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"The coffee shop chain said Howard Schultz has agreed to remain as interim CEO through the first fiscal quarter of 2023. "
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"As of a month ago, the day that Howard Schultz returned for his third stint as chief executive officer, it had nearly 10 times as many shops in North America."
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"Conditions in China are such that we have virtually no ability to predict our performance in China in the back half of the year," interim CEO Howard Schultz said on an earnings call, noting additional uncertainty from inflation and the company's investment plans."
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"Starbucks Corp.'s U.S. operations beat expectations in the coffee chain's latest quarter, giving interim Chief Executive Officer Howard Schultz a welcome development even as he contends with high inflation and Chinese Covid measures that hurt performance there."
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"I'm hoping Howard Schultz is a smart man and he settles, but from the union-busting tactics that have continued, I don't think he's going to," one of the fired workers, Nikki Taylor, said Friday. "
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"At a forum earlier this week, on his first day back in the top role, Starbucks Chief Executive Officer Howard Schultz told employees that "we can't ignore what is happening in the country as it relates to companies throughout the country being assaulted in many ways by the threat of unionization." After noting the company's past growth on his watch, Schultz said, "We didn't get here by having a union at Starbucks."
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"In his first week back on the job at Starbucks Corp., Howard Schultz made a flurry of moves that hint at big changes in store layouts, employee relations and marketing -- and indicate profit margins will be under pressure."
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"On the first day of his third stint as chief executive of the coffee juggernaut, Howard Schultz is attempting a delicate balancing act: Facing rising cost and wage pressures, a unionization effort, and a serious slowdown in China, its largest foreign market, he has taken a step to conserve cash while simultaneously signaling concern for workers. "
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"The move comes as Howard Schultz returns for a third stint as CEO, replacing the retiring Kevin Johnson. "
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"Starbucks on Monday said it will suspend its stock repurchasing program, effectively immediately, as Howard Schultz returns to the company as chief executive. "
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"Starbucks Corp. founder Howard Schultz suspended a share-buyback plan to mark the start of his latest spell as chief executive officer, saying the cash could be better spent on stores and staff."
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"Last November, Howard Schultz traveled to Buffalo, N.Y., with a message to workers considering forming a union: Starbucks would do the best job looking out for employees' interests."
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"Starbucks Corp. may retain longtime leader Howard Schultz as head of the chain for longer than the monthslong interim basis laid out by the company, analysts and investors said."
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"I think in six months you'll hear that Howard Schultz is taking another step forward, and becoming a permanent CEO after the board has evaluated all opportunities," BTIG LLC analyst Peter Saleh said in an interview. "
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"See Also:Starbucks CEO Kevin Johnson Announces Retirement; Founder Howard Schultz To Return In Interim Role"
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"Kevin Johnson is stepping down as the chief executive of Starbucks Corp. , handing leadership of the coffee chain back to former longtime CEO Howard Schultz as the company works to move past the Covid-19 pandemic and confronts a unionization push among U.S. baristas."
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"Starbucks Corp.'s move to bring back Howard Schultz for a third stint at the helm could prove treacherous for investors, based on the track record of so-called boomerang CEOs."
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"Starbucks Corp. said Chief Executive Officer Kevin Johnson plans to retire next month and Chairman Emeritus Howard Schultz will return as interim CEO, retaking the reins of the company he grew from a local coffee roaster into a global phenomenon."
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"In his book Onward, former Starbucks CEO, Howard Schultz writes, "The only number that matters is 'one'. "
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"Starbucks, whose longtime chief executive Howard Schultz pioneered a new wave of liberal corporate activism in the early part of the century, still dominates the coffee scene in college towns and blue-state urban centers. "
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"Starbucks also closed stores early and brought its former Chief Executive Officer Howard Schultz to speak to employees Saturday at an event in Buffalo. "
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"Starbucks Corp. is deploying former Chief Executive Officer Howard Schultz to speak to New York workers slated to vote on unionization, according to a video sent to employees in the region ahead of Saturday night's event."
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"The company is also restructuring its "Barista Basics" guide to provide more training beyond its designated 40 training outlets."Our founder Howard Schultz believed in the dignity of the human experience, in building a successful company, and that our success should always be shared," said Rossann Williams, Starbucks executive vice president, president North America. "
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"Previous investors include gaming company Aristocrat, Starbucks Corp. Chairman Emeritus Howard Schultz and tennis legend Andre Agassi. "
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"Pacaso, based in San Francisco, was co-founded by Zillow Group founder Spencer Rascoff, and it counts former Starbucks Corp. chief executive Howard Schultz among its earliest investors. "
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"In the late 1980s, then-Starbucks CEO Howard Schultz extended healthcare coverage to part-time employees and ensured that it included domestic partners."
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"Last July, The Wall Street Journal reported the company had sold a $200 million stake to a group led by Blackstone and included Oprah Winfrey, Natalie Portman, former Starbucks Corp. chief Howard Schultz and the entertainment company founded by Jay-Z. "
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"He alledgedly told them he had financial backing from former Starbucks Corp. Chief Executive Officer Howard Schultz and investment banker Dan Levitan from his time working for venture capital firm Maveron."
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"Former Starbucks Corp. chief Howard Schultz is among the new investors in Israeli cybersecurity startup Wiz, according to people familiar with the matter."
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"She joined Starbucks' board nearly 16 years ago and counts former CEO and chairman emeritus Howard Schultz as a friend and mentor. "
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"In July 2020, the company received a $200 million investment from a group of investors led by Blackstone, Oprah Winfrey, Natalie Portman, and former Starbucks CEO Howard Schultz at a valuation of $2 billion. "
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"That's happened before: Howard Schultz stepped down from the CEO position at Starbucks in 2000 and returned in 2008. "
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"Having worked directly with former Starbucks CEO Howard Schultz as his chief strategist during the 2008 recession, Ms. Gass was no stranger to the challenges of navigating a high-profile business, with stores and staff scattered across the country, through periods of uncertainty."
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"Ullman was named chair and Hobson vice chair in 2018 when long-time Starbucks leader Howard Schultz stepped down from the coffee chain."
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"For example, at a Starbucks shareholders meeting, CEO Howard Schultz once told a critic of the company's hiring practices to sell the stock. "
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