Former Starbucks CEO Howard Schultz steps down from coffee chain's board

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Former Starbucks CEO Howard Schultz steps down from coffee chain's board
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The former CEO of Starbucks, Howard Schultz, is leaving the company’s board and transitioning to a chairman emeritus role.

Her experience with the Chinese e-commerce giant could aid Starbucks as it tries to help its. China is Starbucks' second-largest market, and some trends there, like mobile ordering, have inspired changes to the company's U.S. business.

Zhang also previously held roles at News Corp China, CNBC China, Bain and General Electric. She currently serves on Ralph Lauren's board. She is the third woman on Starbucks' nine-person board, which includes chair Mellody Hobson and Land O'Lakes CEO Beth Ford.

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