The word “mobile” was mentioned 34 times during that call
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The word “mobile” was mentioned 34 times during that call
By Parkplus

Can Starbucks’ new CEO escape the shadow of Howard Schultz

Kevin Johnson, the soon to be CEO of Starbucks, has some Venti sized shoes to fill when he takes over for replica handbags china Howard Schultz. Johnson is replacing a legendary business leader. And Starbucks (SBUX) investors have to hope that this time will be better than Schultz’s first departure.

Schultz took a step back Fake Designer Bags from the top job in 2000 and that didn’t work out all that well. Schultz returned as CEO Wholesale Replica Bags in 2008, and after enduring the purse replica handbags economy KnockOff Handbags and market bottoms of the Great Recession, Replica Bags Wholesale the stock has been on a tear.

replica wallets Shares have skyrocketed more than 1,500% from their financial crisis lows. The company is now worth nearly $85 billion. replica wallets

best replica designer bags Starbucks also pushed more into overseas markets, particularly China. best replica designer bags

high replica bags So it’s no wonder that shareholders appear a bit nervous. Shares of Starbucks fell Designer Fake Bags nearly 3% Friday morning. And the stock has taken Fake Handbags a Replica Bags bit of a break this year, dipping 5% after a nearly 50% jump in 2015. rivals, Dunkin’ Brands (DNKN), is up more than 25% this year. high replica bags

high quality designer replica So in some respects, replica Purse Johnson succeeding Schultz is like Tim Cook taking over for Steve Jobs at Apple (AAPL). Just as Cook has never (and probably will never) escape the Jobs’ shadow, Johnson will constantly be compared to Schultz. high quality designer replica

Related: Starbucks CEO Schultz to step down again

Of course, Apple has done just fine under Cook. The company is the most valuable in America, worth $580 billion. Shares have more than doubled since Cook became CEO in August 2011.

replica designer bags wholesale But the stock has lost some of its mojo lately. It’s down nearly 20% from cheap replica handbags a record high more than a year ago. Apple skeptics argue that Cook has yet to introduce anything truly innovative since taking over. replica designer bags wholesale

Still, it might be aaa replica designer handbags easier for Johnson to keep pleasing Wall Street once he takes replica handbags online over from Schultz next April.

For one, Schultz isn’t actually going anywhere. He will remain the company’s executive chairman and is expected to focus on the higher end Starbucks Reserve brand and the expansion of its Reserve Roastery Tasting Room format, which some have dubbed the Willy Wonka of coffee shops. There is one in Seattle and there are plans to open six more over the next few years.

buy replica bags online Related: Starbucks and other big companies want Trump to stand by climate change deal buy replica bags online

good quality replica bags It’s also important to note that Johnson, who before joining Starbucks as its COO in wholesale replica designer handbags 2015 was the CEO Replica Designer Handbags of tech firm Juniper Handbags Replica Networks (JNPR) and also had worked at Microsoft (MSFT) and IBM (IBM), has been a CEO of a publicly traded company before. So he knows how to deal with Wall Street and understands the rigors of being the top guy. good quality replica bags

Plus, Starbucks is increasingly relying on technology and mobile in particular to boost sales. high quality replica handbags That makes Johnson, despite a lack of retail experience, a good fit for the CEO job.

As I noted when Johnson was first hired, Schultz praised Johnson for his “mobile and digital expertise” during a conference call with analysts. The word “mobile” was mentioned 34 times during that call identical Designer Replica Bags to the number of references for the word “coffee.”

Related: Kevin Johnson has the tech chops needed to lead Starbucks

Analysts think Johnson has what it takes to keep the company’s hyper caffeinated momentum on track as well.

aaa replica bags “With Starbucks’ business becoming increasingly more technology oriented, Mr. Johnson’s tech background (for example, as 2008 13 CEO of Juniper Networks) Replica Handbags should serve him well,” wrote Instinet analyst Mark Kalinowski in a report Friday. aaa replica bags

buy replica bags Kalinowski noted that the fact Schultz isn’t going anywhere is a plus, too. After all, Schultz was a bit more distracted the first time he stepped down as CEO. He owned the Seattle Sonics NBA team (which has since moved replica designer bags and become the Oklahoma City Thunder) from 2001 to 2006. buy replica bags

Kalinowski also pointed out that Starbucks actually had two CEOs after Schultz. The first, Orin Smith, led Starbucks from 2000 to 2005 and did reasonably well. It wasn’t until Jim Donald succeeded Smith that the company’s fortunes started to turn south.

replica designer backpacks What’s more, Hillary Clinton’s loss to Donald Trump also could turn out to be a positive for Starbucks replica designer backpacks.

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