Starbucks is going back to its roots. On Wednesday (March 16), the company announced that, when current CEO Kevin Johnson retires April 4, Howard Schultz, the company’s CEO from 1986 to 2000 and from 2008 to 2017, will take on the role for a third...
Starbucks CEO Kevin Johnson is retiring after five years at the helm, handing the leadership back to longtime chief executive Howard Schultz, who is returning to head up the coffee chain for the third time. Get the Full Story Complete the form to unlock this...
A managing partner of SoftBank’s Vision Fund has stepped down from the board at One97 Communications Ltd., which owns Indian payments company Paytm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Mastercard has named Stephanie Meltzer-Paul to lead loyalty services, including benefits, rewards and platforms, for global issuers and merchants, according to a press release on Monday (March 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The founder of South Korean FinTech and social media giant Kakao Group has stepped down from the company board following a series of scandals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Revolut Ltd. Chief Revenue Officer Alan Chang will leave the U.K. financial super app company to launch a cryptocurrency platform after launching an effort to rake in $100 million in financing, Bloomberg reported Friday (March 11). Get the Full Story Complete the form to unlock...
Co-heads of Citigroup’s digital assets group are leaving the bank less than a year after being put in charge of the new crypto-centered unit, which was launched in June 2021 inside Citi’s wealth management unit. Get the Full Story Complete the form to unlock this...
Bank of New York Mellon has said that vice chair Robin Vince will be the company’s new CEO, a Reuters report said Thursday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Buy now, pay later (BNPL) firm Sezzle has announced that it will be cutting its North American workforce by 20%, according to a press release dated Thursday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...