Did Howard Schultz violate labor law?
CNN) – The National Labor Relations Board said it found the former CEO of Starbucks in violation of a labor law. The board said Howard Schultz made an unlawful, coercive threat when he reprimanded a California barista while he was interim CEO in 2022. In 2023, Narasimhan’s total compensation from Starbucks was $14. Starbucks for that year. In August 2024, Starbucks announced that Narasimhan would leave the company effective immediately, and was replaced by Chipotle CEO Brian Niccol.What went disastrously wrong in Laxman Narasimhan’s 17 months as CEO of Starbucks. Starbucks CEO Laxman Narasimhan has stepped down after 17 months in the role. His tenure at the company was tainted by falling sales, union clashes, and activist investors. One analyst said his exit from the top role was not surprising.