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Articles for Schultz, search results for ceo

Iger should let someone else play Disney’s knight in shining armour
1 month, 2 weeks ago

Iger should let someone else play Disney’s knight in shining armour

Live Mint  

Walt Disney Company is putting the finishing touches on a multi-year storyline that has cast Bob Iger as the company’s knight in shining armour. Disney’s closely watched streaming business swung to a $321 million profit from a nearly $400 million loss a year ago, and the film unit had what Iger said was one of the best quarters in its …

Starbucks Ceo Iger Schultz Narasimhan Company Disney Shining Armour
How ChatGPT brought down an online education giant
2 months ago

How ChatGPT brought down an online education giant

Live Mint  

Most companies are starting to figure out how artificial intelligence will change the way they do business. “It’s free, it’s instant, and you don’t really have to worry if the problem is there or not," Jonah Tang, an M.B.A. candidate at Point Loma Nazarene University in San Diego, said of the advantages of using ChatGPT for homework help over Chegg. …

Students University Company Help Ai Chatgpt Openai
As Starbucks CEO, Howard Schultz violated labor law with barb at Long Beach barista, labor board finds
3 months, 1 week ago

As Starbucks CEO, Howard Schultz violated labor law with barb at Long Beach barista, labor board finds

LA Times  

Former Starbucks Chief Executive Howard Schultz acted unlawfully when he told an employee, “If you’re not happy at Starbucks, you can go work for another company,” the National Labor Relations Board has found. Howard Schultz, who had just begun his third stint as the company’s chief executive, became irritated and shot back: “If you’re not happy at Starbucks, you can …

Labor Board Workers Union Company Washington Long
Starbucks turns to a celebrity CEO as it struggles to define itself for an era of mobile orders
4 months ago

Starbucks turns to a celebrity CEO as it struggles to define itself for an era of mobile orders

Associated Press  

To Howard Schultz, the chaos he observed at a Starbucks in Chicago one recent morning summed up the troubles of the company he long led as chairman and CEO. Since he was named Starbucks’ incoming CEO on Aug. 13, Niccol has been visiting U.S. stores, listening to baristas and observing the challenges the brand is facing, Starbucks said. Streamlining Starbucks’ …

Drinks Company Maine Customers Stores Ceo Schultz
Starbucks ousts CEO as market growth slumps
4 months, 4 weeks ago

Starbucks ousts CEO as market growth slumps

China Daily  

Starbucks, which has struggled this year in its two largest coffee markets — the US and China — on Tuesday ousted its CEO, responding to pressure from an activist investor and its longtime former boss. The Seattle-based company, the world's largest coffee chain, named Brian Niccol, the CEO at Chipotle Mexican Grill since 2018, as its new chairman and CEO, …

China Market Coffee Sales Company Elliott Stores
Chipotle’s CEO turned the beleaguered chain around. Can he do it for Starbucks?
4 months, 4 weeks ago

Chipotle’s CEO turned the beleaguered chain around. Can he do it for Starbucks?

Salon  

On Tuesday, Starbucks announced that Brian Niccol, the current chief executive officer of Chipotle, has been appointed as the coffee giant’s new chairman and CEO. Like all of us at Starbucks, he understands that a remarkable customer experience is rooted in an exceptional partner experience.” She continued: “Our board believes he will be a transformative leader for our company, our …

Leadership Board Company Brian Starbucks Niccol Ceo
Starbucks CEO replaced by Brian Niccol, a fixer who revived Chipotle when the chain was in distress
4 months, 4 weeks ago

Starbucks CEO replaced by Brian Niccol, a fixer who revived Chipotle when the chain was in distress

Associated Press  

In 2018, when Chipotle was reeling from multiple food poisoning outbreaks that had sickened 1,100 people, the company called Taco Bell CEO Brian Niccol to turn things around. The Seattle coffee giant named Niccol as its new chairman and CEO, hoping he can revive fading sales and re-establish Starbucks as a destination where customers are willing to pay premium prices. …

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Starbucks replaces its CEO, names Chipotle chief to head the company
4 months, 4 weeks ago

Starbucks replaces its CEO, names Chipotle chief to head the company

LA Times  

Starbucks has seen weakened sales and other issues including competition from lower-cost companies in China. The Seattle coffee giant said Brian Niccol, the chairman and CEO of Chipotle, will become Starbucks’ chairman and CEO on Sept. 9. Narasimhan, a longtime PepsiCo executive who has also served as the CEO of Reckitt, a U.K.-based consumer health company, became Starbucks’ CEO in …

Starbucks Ceo Chipotle Narasimhan
It's been a bad month for Starbucks. Ex-CEO Howard Schultz agrees
7 months, 3 weeks ago

It's been a bad month for Starbucks. Ex-CEO Howard Schultz agrees

Salon  

It’s not been a great month for Starbucks. In their assessment of the two coffee chains, National Restaurant News’ Joanna Fantozzi said that “beyond hard numbers, the two companies have recently taken very different operational strategies.” We need your help to stay independent Subscribe today to support Salon's progressive journalism “Whereas Starbucks has been constantly churning out new menu items …

Company Post Starbucks Ceo Schultz Howard Schultz Laxman Narasimhan
Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle
8 months ago

Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle

Associated Press  

Former Starbucks CEO Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales. In a LinkedIn post published over the weekend, Schultz said many people had reached out to him after Starbucks reported weaker-than-expected quarterly sales and earnings last week. In his post, Schultz said …

Coffee Company Howard Stores Starbucks Ceo Schultz
Howard Schultz is a fat cat in denial
1 year, 8 months ago

Howard Schultz is a fat cat in denial

Raw Story  

Earlier this month, Senator Bernie Sanders forced former Starbucks CEO Howard Schultz to testify about the company’s labor abuses before the Senate Health, Education, Labor and Pensions Committee. And I've shared it constantly with the people of Starbucks.” In Schultz’s view, he is not really a billionaire, because he started out with relatively little, and worked hard to become wealthy …

Money Work Billionaire Starbucks Hard Sanders Schultz
Starbucks leader grilled by Senate over anti-union actions
1 year, 9 months ago

Starbucks leader grilled by Senate over anti-union actions

Associated Press  

Longtime Starbucks CEO Howard Schultz insisted the coffee chain hasn’t broken labor laws and is willing to bargain with unionized workers during an often testy, two-hour appearance before the Senate Health, Education, Labor and Pensions Committee. “But conversely, we have consistently laid out our preference, without breaking any law, of communicating to our people what we believe is our vision …

Law Labor Union Company Republican Smith Sanders
Starbucks Senate hearing: Former CEO questioned about alleged union-busting
1 year, 9 months ago

Starbucks Senate hearing: Former CEO questioned about alleged union-busting

Slate  

Sen. Bernie Sanders wasted no time opening the hearing that would allow him to grill former Starbucks CEO Howard Schultz on Wednesday. Democratic senators sparred with Schultz, while Republicans flattered him; Republican senators sparred with Democrats and called for an investigation of the National Labor Relations Board, of Bernie Sanders, of the Biden administration’s relationship to Venezuela. Earlier this month, …

Labor Law Union Company Democrats Republican Hearing Democrat
'I earned it!' Starbucks CEO gets defensive after Bernie Sanders describes him as a 'billionaire'
1 year, 9 months ago

'I earned it!' Starbucks CEO gets defensive after Bernie Sanders describes him as a 'billionaire'

Raw Story  

Starbucks CEO Howard Schultz grew defensive on Wednesday when Sen. Bernie Sanders accurately described him as a "billionaire." During a hearing about Starbucks' efforts to block its stores from being unionized, Schultz slammed an attempt by Sanders to paint him as a privileged oligarch who had success handed to him early in life. "I grew up in federally subsidized housing, …

Starbucks Sanders Schultz Grew
New Starbucks CEO plans to work in stores monthly
1 year, 9 months ago

New Starbucks CEO plans to work in stores monthly

Associated Press  

Starbucks’ new CEO Laxman Narasimhan says he plans to work a half-day shift once a month in one of the company’s stores in an effort to stay close to its culture and customers. Narasimhan, who took the reins as CEO earlier this week, said in a letter to Starbucks’ employees Thursday that he also expects the company’s leadership team to …

Company Stores Ceo Narasimhan Starbucks Workers Our Stores
Starbucks new CEO Laxman Narasimhan takes his seat
1 year, 9 months ago

Starbucks new CEO Laxman Narasimhan takes his seat

Associated Press  

Starbucks officially has a new CEO. The Seattle coffee giant said Monday that Laxman Narasimhan has assumed the role of CEO and joined the company’s board of directors. Narasimhan succeeds longtime Starbucks leader Howard Schultz, who came out of retirement last spring to serve as interim CEO while the company searched for a new chief executive. Starbucks announced last Septembe …

Company Starbucks Ceo Schultz Narasimhan
Union-busting Starbucks CEO Howard Schultz will face Bernie Sanders in a Senate hearing soon.
1 year, 9 months ago

Union-busting Starbucks CEO Howard Schultz will face Bernie Sanders in a Senate hearing soon.

Slate  

After every election cycle, the committee-assignment shuffle begins. In March 2022, the senator sent the CEO a letter demanding he “end the union busting and obey the law.” In 2019, when Schultz flirted with a run for president, Sanders was blistering about the billionaire’s political ambitions and about Schultz’s opposition to Sanders’ proposals on taxing the wealthy. Schultz had previously …

Labor Union Democratic Company Democrats Senate Hearing
Starbucks’ Schultz agrees to testify before Senate committee
1 year, 10 months ago

Starbucks’ Schultz agrees to testify before Senate committee

Associated Press  

Howard Schultz has agreed to appear before a U.S. Senate committee that is examining Starbucks’ actions amid an ongoing unionization campaign. Sanders had been asking Schultz to testify for several weeks, but Schultz had previously refused, saying the company’s chief public affairs officer would be better equipped to discuss the company’s labor record. Starbucks Workers United, the union organizing workers, …

Labor Union Company Starbucks Schultz Senate Committee
Sanders schedules vote to force Starbucks CEO to testify
1 year, 10 months ago

Sanders schedules vote to force Starbucks CEO to testify

Associated Press  

Sen. Bernie Sanders is raising the stakes in his effort to get Starbucks’ interim CEO Howard Schultz to testify at a Senate hearing about an ongoing unionization effort at the company. Sanders, a Vermont Independent and chairman of the Senate Health, Education, Labor and Pensions Committee, said Wednesday that the committee will vote March 8 on whether to issue a …

Company Committee Starbucks Sanders Schultz
Sen. Bernie Sanders Says He's Going To Subpoena Starbucks CEO Howard Schultz
1 year, 10 months ago

Sen. Bernie Sanders Says He's Going To Subpoena Starbucks CEO Howard Schultz

Huff Post  

LOADING ERROR LOADING Sen. Bernie Sanders announced Wednesday that he plans to hold a vote among his colleagues to determine whether Starbucks CEO Howard Schultz should be subpoenaed to testify before a Senate committee. The time has come to hold Starbucks and Mr. Schultz accountable.” Sanders’ office said in a press release that the committee will hold the vote next …

Labor Union Senate Committee Sen Free Huffpost
Starbucks’ Schultz declines to appear before Senate panel
1 year, 10 months ago

Starbucks’ Schultz declines to appear before Senate panel

Associated Press  

Starbucks’ interim CEO Howard Schutz has declined a request to appear before a Senate committee seeking to question him about the coffee chain’s response to an ongoing unionization campaign at the company’s U.S. stores. The Vermont Independent sent a letter to Schultz earlier this month asking him to appear March 9 for a hearing about the unionization campaign and Starbucks’ …

Senate Committee Sanders Starbucks Schultz
Bernie Sanders blasts Starbucks CEO for refusing to testify: 'Easier' to fire workers than answer questions
1 year, 10 months ago

Bernie Sanders blasts Starbucks CEO for refusing to testify: 'Easier' to fire workers than answer questions

Raw Story  

U.S. coffee chain Starbucks on Tuesday told the Senate Health, Education, Labor, and Pensions Committee that interim CEO Howard Schultz has no intention of testifying before the panel as Chairman Bernie Sanders requested last week, sparking speculation that the progressive senator could use his subpoena power to compel the billionaire executive to appear at an upcoming hearing. Sanders was joined …

Workers Company Sanders Schultz Starbucks Ceo
Starbucks CEO Howard Schultz declines to appear at US Senate hearing
1 year, 10 months ago

Starbucks CEO Howard Schultz declines to appear at US Senate hearing

Firstpost  

New Delhi: Starbucks Chief Executive Officer Howard Schultz has declined an invitation from 11 senators to testify on 9 March on the coffee company’s compliance with federal labor law. According to a report in Reuters, “Last week, US Senator Bernie Sanders, who chairs a committee on labor issues, and 10 other members of the committee asked Schultz to answer by …

Starbucks Schultz
Starbucks CEO is blind to the publicity in labor organizing
2 years, 3 months ago

Starbucks CEO is blind to the publicity in labor organizing

Raw Story  

The billionaire who built the Starbucks brand into one of the globe’s favorite recreational drug dealers returned in April as interim CEO of the company. The National Labor Relations Board has accused Howard Schultz’s company of breaking federal labor laws with the carelessness and passion of a twice impeached president stealing nuclear secrets. "Every decision Starbucks makes must be viewed …

Labor Workers Union Company Stores Starbucks Schultz