The CEO of Starbucks has stepped down, but already has a successor to take the company over. Howard Schultz is known for establishing more than 20,000 stores in 75 countries. He also made the company more vocal on issues such as gun violence, gay rights, race relations, veterans rights, and student debt. He has decided to hand the company over to longtime friend, Kevin Johnson, who is current president of the company and member of the board. Schultz was quoted saying that Johnson is “better equipped” at running the company. The hand over will officially go into effect on April 3rd of next year.