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Packaging products company $KS said Roger Stone will step down as CEO, effective January 1, 2017, but will retain his role as Executive Chairman of the Board. Matt Kaplan will take over the role of CEO and also continue as the company's President. Randy Nebel will be promoted to EVP of Integrated Packaging.
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.