Jim Cramer: Starbucks Is a Tech Company Selling Coffee

The management transition at Starbucks (SBUX) - Get Report will be fine at Starbucks because the incoming CEO knows technology, says TheStreet's Jim Cramer. Howard Schultz, the CEO and face of the company, announced yesterday that he would be stepping down from his position effective on April 3 and would be replaced by COO Kevin Johnson. Schultz will remain executive chairman of the coffee company.