Stock take: market week

Starbucks, Nestlé, Airbnb, Sky and GoPro

4th December, 2016
11
Howard Schultz is to step down as Starbucks chief executive

Howard Schultz, the chief executive of coffee giant Starbucks, will next year take over as executive chairman when he will develop the high-end Starbucks Reserve brand.

“As I focus on Starbucks next wave of retail innovation, I am delighted that Kevin Johnson — our current president, chief operations officer, a seven-year board member and my partner in running every facet of Starbucks business over the last two years — has agreed to assume the duties...

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