Washington Post

Starbucks CEO hands the keys to his successor in an emotional investor meeting

Howard Schultz, Starbucks CEO. Warren/AP

Starbucks CEO Howard Schultz quite literally handed the keys to the company to his successor on Wednesday. Reaching into his pocket during the company's meeting of annual shareholders, Schultz plucked the door key to Seattle's Pike Place Market store, the company's original location, and handed it to president and chief operating officer Kevin Johnson, who will officially succeed Schultz in early April.

"That has been in my pocket for 35 years," he said...

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