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The Guardian - US
The Guardian - US
Business
Lauren Aratani

Howard Schultz ends third stint as Starbucks CEO early

Howard Schultz, left, speaks after introducing incoming CEO, Laxman Narasimhan, in Seattle last year.
Howard Schultz, left, speaks after introducing the incoming CEO, Laxman Narasimhan, in Seattle last year. Photograph: Stephen Brashear/AP

Starbucks’ chief executive, Howard Schultz, is ending his third stint as head of the coffee chain early as he faces growing scrutiny over the company’s labor practices.

The company announced on Monday that Schultz had stepped down as interim chief executive, nearly two weeks earlier than expected. The new CEO, Lax Narasimhan, was slated to take over on 1 April.

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