Howard Schultz Steps Down as Starbucks CEO Early

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Howard Schultz Steps Down as Starbucks CEO Early
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On Monday morning, Starbucks announced that interim CEO Howard Schultz was being replaced by Laxman Narasimhan (via EaterSeattle)

the recent explosion of labor organizing in the U.S. a “manifestation of a much bigger problem” in society. His second return to the CEO position coincided with a growing wave of unionization efforts at Starbucks stores. The highest-profile of these early union drives were in Buffalo, New York, and before Schultz came back as CEO he toured those stores and penned anto Starbucks workers that avoided using the word “union.

Starbucks Workers United, the union working to organize the company’s stores, has claimed that Starbucks engaged in aggressive anti-union practices, firing employees involved in organizing and closing pro-union stores. Earlier this month, athat Starbucks had violated labor laws “hundreds of times.” Vermont Senator Bernie Sanders, who chairs the U.S.

Now Laxman Narasimhan, formerly an executive at Pepsi and CEO of British consumer goods company Reckitt, is officially Starbucks CEO. He was announced as Schultz’s successor in September and was to take the top spot starting this April. But on Monday the company said that Schultz will step down now, and Narasimhan will lead the annual shareholder meeting on Thursday.

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