Former Starbucks CEO Howard Schultz fully exits company's board

Schultz is retiring from Starbucks' board of directors as part of a planned transition.
Schultz transformed Starbucks from a small company into a global coffeehouse chain with over 36,000 stores.
Schultz faced criticism amid union organizing efforts by baristas seeking better pay and benefits.
Schultz will have the role of chairman emeritus and continue supporting Starbucks.
Wei Zhang, a former Alibaba advisor, will replace Schultz on the board starting October 1.