Starbucks CEO Howard Schultz is stepping down two weeks earlier than previously intended, according to a March 20 article from The Guardian. The business leader, who has an established track record of anti-union sentiments, initially planned to depart at the end of March. He will be replaced by Laxman Narasimhan.
This marked Schultz’s third time serving as CEO of Starbucks. Previously, he worked as chief executive from 1986–2000 and 2008–2017. He stepped into the current interim position in April 2022, following the retirement of the previous CEO Kevin Johnson.
