Starbucks promotes Kevin Johnson to CEO
Mr. Johnson's career spans 33 years in the technology industry which included a 16-year career at Microsoft and a five-year tour as CEO of Juniper Networks.
At Microsoft, Mr. Johnson led worldwide sales and marketing and became the president of the Platforms Division. In 2008, he was appointed to the National Security Telecommunication Advisory Committee where he served Presidents George W. Bush and Barack Obama.
Mr. Johnson joined the Starbucks board in 2009 and the management team in 2015.
Howard Schultz, current Chairman and CEO, will be appointed executive chairman.
Mr. Schultz is the founder of Starbucks Corporation. He has served as chairman of the board of directors since the company's inception in 1985, and in January 2008, he reassumed the role of president and chief executive officer.
Mr. Schultz served as president until March 2015. From June 2000 to February 2005, he also held the title of chief global strategist. From November 1985 to June 2000, he served as chairman of the board and chief executive officer.
From November 1985 to June 1994, Mr. Schultz also served as president. From January 1986 to July 1987, he was the chairman of the board, chief executive officer and president of Il Giornale Coffee Company, a predecessor to the Company.
From September 1982 to December 1985, Mr. Schultz was the director of retail operations and marketing for Starbucks Coffee Company, a predecessor to the Company. He served on the Board of Directors of Groupon through April of 2012.