Howard Schultz Steps Down from Starbucks Board, Ending Nearly 40 Years with the Company

Howard Schultz is stepping down from Starbucks' board of directors but will have the title "lifelong Chairman Emeritus."
Schultz previously served as Starbucks' CEO three separate times, most recently as interim CEO before the new CEO took over in March.
Schultz says he is retiring to focus on family and philanthropic efforts.
Starbucks elected a new board member, Wei Zhang, who has experience in China, one of Starbucks' biggest growth markets.
Under Schultz, Starbucks launched a controversial olive oil-infused coffee line and has been facing a wave of unionization efforts.

cnn.com

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