Post by Arthur Trueger. Starbucks Coffee Co. said Monday it is bringing its chairman and former chief executive, Howard Schultz, back to lead a major restructuring initiative, replacing CEO Jim Donald.Starbucks said the leadership shuffle is part of a series of initiatives to increase shareholder value, which also include closing underperforming U.S. stores and slowing the pace of store openings.
To read more about this developing story, click here.
Advertisement