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Top related persons:
Laxman Narasimhan - 2 Howard Schultz - 2 Schultz - 2 — - 1 Laxman - 1 Chipotle - 1 Brian Niccol - 1 Rachel Ruggeri - 1
Top related locs:
China Palestine Dirksen Washington , U.S CNBC China
Top related orgs:
Starbucks - 2 CNBC - 2 Service - 1 Business - 1 Narasimhan's - 1 Elliott Management - 1 Getty - 1 Street - 1

Search resuls for: "Schultz didn't"


2 mentions found


☆ What went disastrously wrong in Laxman Narasimhan's 17 months as CEO of Starbucks
  + stars: | 2024-08-13 | by ( Grace Dean | ) www.businessinsider.com   time to read: +5 min
Read previewLaxman Narasimhan is stepping down as CEO of Starbucks, just 17 months after he assumed the role in March 2023, the coffee giant announced on Tuesday. Chipotle CEO Brian Niccol will take over in September, with current CFO Rachel Ruggeri serving as interim CEO until then. Narasimhan's time at the head of the company had been tainted by falling sales, union clashes, and activist investors. Its former CEO keeps attacking the companyHoward Schultz, who led Starbucks for over 23 years, is not afraid to share his views on company management. In Starbucks' press release addressing the leadership change, Schultz didn't acknowledge Narasimhan's time at the company.
Persons: —, Laxman, Chipotle, Brian Niccol, Rachel Ruggeri, Laxman Narasimhan, William Blair, Sharon Zackfia, Narasimhan, Chris O'Cull, Elliott, Paul Singer, Elliott Management, Howard Schultz, Stephen Brashear, Getty Howard Schultz, Schultz, Schultz didn't Organizations: Service, Starbucks, Business, Narasimhan's, Elliott Management, CNBC, Getty, Street, The Workers United, Financial Times, Pride Locations: China, Palestine
☆ Former Starbucks CEO Howard Schultz steps down from coffee chain's board
  + stars: | 2023-09-13 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
Former Starbucks CEO Howard Schultz testifies before the Senate Health, Education, Labor, and Pensions Committee in the Dirksen Senate Office Building on Capitol Hill on March 29, 2023 in Washington, DC. Former Starbucks CEO Howard Schultz is stepping down from the coffee chain's board, the company said Wednesday. Schultz previously stepped down from Starbucks' board in June 2018 to prepare for a potential presidential run, before deciding against a bid. Zhang also previously held roles at News Corp China, CNBC China, Bain and General Electric. She is the third woman on Starbucks' nine-person board, which includes chair Mellody Hobson and Land O'Lakes CEO Beth Ford.
Persons: Howard Schultz, Schultz, Laxman Narasimhan, Kevin Johnson, Wei Zhang, Zhang, Alibaba, Bain, Ralph Lauren's, Mellody Hobson, Beth Ford Organizations: Starbucks, Health, Education, Labor, Washington , DC, CNBC, Alibaba Pictures, News Corp China, General, Land Locations: Dirksen, Washington ,, China, U.S, CNBC China
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