Starbucks CEO Howard Schultz abruptly steps down early -- just days before Senate hearing

[Uncle Joe]

(snip)

The past year has been marked with aggressive union busting by the company, which the National Labor Relations Board (NLRB) has ruled has broken the law over 1,400 times throughout the campaign — including violations by Schultz himself. Schultz will be replaced by Laxman Narasimhan, a former PepsiCo executive.

(snip)

The CEO's early resignation comes just after he was called, rather forcibly, to testify before the Senate. Originally, Schultz was scheduled to step down from his position on April 1. But that would be after the March 29 hearing before the Senate Health, Education, Labor and Pensions (HELP) Committee — headed by Sanders — that was announced earlier this month.

(snip)

Now, though Sanders's director of communications has confirmed that Schultz will still testify, he will no longer be doing so as the CEO of Starbucks. Schultz will still remain a member of the board, but will likely claim more distance from the day-to-day operations as ex-CEO, and headlines about his testimony will no longer reflect that the CEO of the company was called before the Senate.

Labor leaders say that Schultz's resignation doesn't change the fact that he must be held accountable for the company's union busting. "Howard Schultz may not have the title of CEO anymore @Starbucks but that doesn't change the fact he still needs to be held accountable and answer for his union busting tactics," wrote Teamsters President Sean O'Brien. "Also piece of advice to his successor: you have the opportunity to change the narrative, don't mess it up."

https://www.salon.com/2023/03/21/starbucks-ceo-howard-schultz-abruptly-steps-down-early--just-days-before-senate-hearing_partner/

[spike jones]

1. The genius of Schultz was to figure out how to get people to pay five dollars for a cup of coffee. n

[canuckledragger]

2. I'll only buy Starbucks in the university I work in...

...where it's a self serve thing using a bunch of big urns in a cafeteria.

I pay for the convenience of not having to stand in line for half an hour, waiting to get Tim Hortons coffee from another university food court because the staff is incompetent.

It's maybe $3 there.