After 38 years with Starbucks, former Starbucks CEO Howard Schultz has stepped down from the company’s board. His departure was announced on Friday, and his decision reportedly comes after months of consideration.
Schultz served as the CEO of Starbucks for more than a decade, and had a major hand in making it the iconic chain it is today. During his time as CEO, he implemented a number of initiatives that increased Starbucks’ reach and influence, such as the creation of the Starbucks card and the opening of more than 28,000 locations around the world.
Since stepping down from his position in 2018, Schultz served as chairman emeritus of the Starbucks board. With his departure, the board will no longer include an executive position.
Although it’s unclear what Schultz’s plans are for the future, what is certain is that his imprint will continue to be felt in the coffee chain. His legacy of customer service, community empowerment, and innovation will remain and contribute to the success of the company.