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Howard Schultz Returns as Starbucks CEO

posted January 7, 2008 - 9:32pm
Howard Schultz Returns as Starbucks CEO

The luster has been coming off of Starbucks recently, so the coffee chain is bringing back its old CEO Howard Schultz to try to return it to its glory days.

Schultz said the move if one of several changes the company is making, including shutting down stores that are underperforming and slowing down the rate of new stores it's opening. He was CEO of Starbucks from 1987 to 2000.


Website: http://www.businessweek.com/bwdaily/dnflash/conten...
Author: Idlewild
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