Howard Schultz Steps Down From Starbucks Board After Controversial Third Stint as CEO

Former Starbucks CEO Howard Schultz is stepping down from the company's board after a third stint as chief executive.
Schultz returned as CEO for 11 months and launched new initiatives like Starbucks Oleato.
But his aggressive anti-union stance made him enemies like Starbucks Workers United.
Schultz says he won't return as CEO again and calls his departure part of a planned transition.
Wei Zhang will take Schultz's board seat, bringing experience from Alibaba that can aid Starbucks' China business.

cnbc.com

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