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Starbucks eliminating chief operating officer role after current COO Culver leaves

Yahoo! Finance
Starbucks Corp. founder and interim Chief Executive Howard Schultz said late Thursday that the retailer is eliminating the position of Chief Operating Officer, with COO John Culver departing on Oct. 3 and serving as adviser through the end of the year after two decades with the company. "Our reinvention requires us to rethink our leadership structure to create every opportunity for our new CEO and, most importantly, to accelerate delivery of modernized and elevated experiences" for employees and
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