BREAKING: Howard Schultz Returns to Starbucks as Chairman Emeritus

Former CEO to Advise Current Leadership Team

[City, Date] - Howard Schultz, the former CEO and chairman of Starbucks, will return to the company as chairman emeritus, the company announced today.

Schultz to Provide Strategic Guidance

In his new role, Schultz will provide strategic guidance to the current leadership team and will focus on long-term initiatives, innovation, and customer experience. He will not have any operational responsibilities.