In a Wednesday presentation before Starbucks’ board of directors and shareholders, retiring CEO Kevin Johnson addressed the burgeoning labor movement.
Hours before the Starbucks annual shareholders meetings on Wednesday, the coffee company announced that CEO and President Kevin Johnson would be retiring before the end of the year, with plans to begin transitioning out in April.In Seattle, the original stomping grounds for the now international beverage outlet, there are four locations that have filed for union elections, including the flagship roastery on Capitol Hill.
In a Wednesday presentation before Starbucks’ board of directors and its shareholders, Johnson addressed the burgeoning labor movement, emphasizing the benefits that Starbucks provides to its baristas, which the company denotes as “partners.” He called out discounted shares through Bean Stock, tuition assistance through an online Arizona state college program, and the recent push to raise wages with a $1 billion investment in incremental increases and training hours.
“I want to make this about our partners. It is about all of us, and that is why I want to kick off the first part of today’s meeting by recognizing and celebrating Starbucks partners,” Johnson said. “I recognize the evolving backdrop of union discussions continues to present uncertainty, requires more progress, is a point on which different views exist,” he continued. “But I want to assure our partners that, no matter the outcome, Starbucks’ fundamental commitment to its partners will remain. We have always been a people focus company dedicated to doing right by our partners and our customers. Staying true to the vision of our Starbucks is the only true path forward.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Starbucks CEO Kevin Johnson to retire; founder Howard Schultz to be interim chiefStarbucks President and CEO Kevin Johnson said Wednesday he will retire next month, and former CEO and company founder Howard Schultz will replace him on an interim basis.
Consulte Mais informação »
Starbucks CEO Kevin Johnson is retiring, and Howard Schultz is returning as interim chiefICYMI: Starbucks CEO Kevin Johnson is retiring after 5 years on the job. Howard Schultz will return as interim CEO.
Consulte Mais informação »
Starbucks CEO do-over points to two labor problemsHoward Schultz is back for the third time as CEO, at least until the coffee chain finds a new one. As employees grow restive, drafting in a benevolent patriarch looks strategic. The lack of an internal successor, though, suggests unions aren’t Starbucks' only workforce challenge.
Consulte Mais informação »
Starbucks founder Howard Schultz to return as interim CEOStarbucks founder Howard Schultz will return as interim head of the company when the current CEO retires next month.
Consulte Mais informação »
Longtime Starbucks CEO Howard Schultz returns to lead company on interim basisLongtime Starbucks CEO Howard Schultz is returning to lead the company on an interim basis.
Consulte Mais informação »
Terraform Labs CEO Do Kwon seals $10 million bet over LUNA priceTerraform Labs CEO Do Kwon has finalised a bet with a crypto personality named GCR to the tune of $10 million.
Consulte Mais informação »