02-12-2016 14:14 via feeds.bizjournals.com

Starbucks CEO Schultz to step down, will focus on high-end coffee shops

Starbucks Chief Operating Officer Kevin Johnson will serve as president and CEO starting April 3.He'll replace Howard Schultz, who will become executive chairman and change his focus to innovation, design and development of the Starbucks Reserve Roasteries around the world."This move ideally positions Starbucks to continue profitably growing our core business around the world into the future," Schultz said in a statement.Starbucks opened its Reserve Roastery and Tasting Room in Seattle two&helli
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