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Starbucks CEO to Step Down, Howard Schultz Back as Interim Chief


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Five years after he took over the reins of Starbucks, CEO Kevin Johnson announced Wednesday that he's making his grande exit.

The sudden announcement means Howard Schultz, who has twice led the Seattle-based coffee powerhouse and is credited with turning it into the global brand it is today, will rejoin as interim chief next month. He will inherit some venti-sized problems.

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Source Fool.com


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