New Starbucks CEO Eyes Long-Term Staying Power

April 3, 2017

Kevin Johnson officially took the helm as Starbucks' new president and CEO Monday, replacing Howard Schultz. In an interview with The Seattle Times, Johnson spoke about his aspiration to make Starbucks a longstanding "global empire." "My long-term aspiration is that when Starbucks is 100 years old, it will be one of the few Fortune 500 that has been in existence for that long because we were able to build the institutional capability for generation after generation of leaders who showed their love for the brand in a way that is true to core principles of the company," Johnson said in the interview.