Former Starbucks CEO Howard Schultz is stepping down from the company's board of directors as part of a planned transition.

<div class="block">Former Starbucks CEO Howard Schultz is stepping down from the company&#39;s board of directors as part of a planned transition.</div>

Need2Know Headlines

Former Starbucks CEO Howard Schultz Steps Down From Board

Also former Starbucks, CEO Howard Schultz is stepping down from the company's board of directors. Starbucks made the announcement yesterday saying it was part of a planned transition. Schultz ended his term as CEO in March. The company has given Schultz the title of a lifelong chairman.