Starbucks chairman Howard Schultz stepping down

Howard Schultz onstage at the annual shareholders meeting in 2017. Schultz is stepping down as Starbucks executive chairman and leaving the company’s board of directors

Howard Schultz is stepping down as Starbucks executive chairman and leaving the company's board of directors, effective June 26, and he hasn't ruled out running for president.

When asked about the 2020 presidential election, he said: "I intend to think about a range of options, and that could include public service". In the years following his return to Seattle, Schultz purchased Starbucks with the support of local investors and dedicated his career to bringing his vision of a modern coffee house to life in America and around the world.

Schultz, 64, has been serving as executive chairman of Starbucks since stepping down as chief executive in April of a year ago and handing over to Kevin Johnson.

Schultz will also resign from Starbucks' board and will be named chairman emeritus, the company said in a statement. "He's helped Starbucks earn the respect of millions around the world by always being true to a higher calling, and always being bold in creating a better future".

Supreme Court rules for Colorado baker in "gay wedding" cake case
Phillips, 62, owner of Masterpiece Cakeshop , was fighting for the rights of "creative artists" to choose what they will sell. In other words, it may not apply to future disputes that pit religious liberty against claims of discrimination.

Facebook Allows Manufacturers Like Samsung, BlackBerry, And Apple Access To User Data
It quotes Facebook officials as saying that the deal let device makers offer customers popular features of the social network . Facebook's reasoning for the situation is that it does not see these manufacturers as third parties.

Captured: Man accused of killing Tennessee sheriff’s deputy
Police had been searching for him since Wednesday, May 30 , 2018, when Dickson County Sheriff's Office Sgt. Baker who was shot and killed [Wednesday] protecting and serving the people of Dickson County".

He had often aligned himself and Starbucks with social issues like race and jobs for underprivileged youth - even when those efforts fell flat, like the "Race Together" campaign that encouraged workers to talk about race with customers. The company also long projected itself as a socially conscious company and promoted its stores as neighborhood gathering places.

This comes after the controversial episode in which two African American men were arrested at a Philadelphia Starbucks for trespassing. The chain closed about 8,000 company-owned stores for an afternoon of anti-bias training last week, a decision that some shareholders questioned for the expense. He's been at the company since 1982-he served as CEO from 1987 to 2000, and then again from 2008 until 2017. He was credited with turning around Starbucks' fortunes. He oversaw the expansion of the chain's food and beverage menu and the growth of its popular loyalty program and mobile app.

"I still feel like a kid from Brooklyn who grew up in public housing", he said.

In the meantime, he plans on working on his family foundation, and writing a book about the social responsibility companies have.

Related news:

Hot News

isis-killer-beheading-video-story-top Prince Harry Reveals 2020 Invictus Games Will Be in the Netherlands
Jun 05, 2018 - 04:17
The couple lived there until 1925 when Queen Alexandra, mother of George V, died at Sandringham, Harper's Bazaar reports. Meghan Markle's mother Doria Ragland attended her daughter's royal wedding to Prince Harry at St.

isis-killer-beheading-video-story-top Rajoy ousted by man he beat twice in polls
Jun 05, 2018 - 04:10
He became a councillor on the Madrid City Council in 2004, then a member of the Spanish Congress of Deputies for Madrid in 2009. Rajoy has labeled that prospect a "Frankenstein government", while critics refer to Rajoy's government and party as "zombies".

isis-killer-beheading-video-story-top Do We Already Know Fallout 76's Release Date?
Jun 05, 2018 - 03:27
Ever since Bethesda shipped Fallout 4 back in 2015, fans have been clamouring to know about the next step of the franchise. This places it before the events of the previous Fallout games if the year shown reflects when the title takes place.

isis-killer-beheading-video-story-top Apple is adding grouped notifications to iOS 12
Jun 05, 2018 - 02:27
As expected , Apple introduced a new version of its software development kit for augmented reality apps, called AR Kit 2 .0. There's also a larger array of controls for muting notifications and grouping alerts to reduce the number sent to a user.

isis-killer-beheading-video-story-top Bill Clinton Says He Doesn't Still Owe Monica Lewinsky an Apology
Jun 05, 2018 - 02:08
Clinton was being interviewed alongside James Patterson , the prolific author with whom he wrote the new novel " The President Is Missing ".

isis-killer-beheading-video-story-top MacOS 10.14 leak 'confirms' system-wide dark mode and App Store videos
Jun 04, 2018 - 23:06
The images leaked also show the Apple News icon in the dock, tipping Apple's hand on porting that well-designed iOS app to macOS . We don't know how Apple will call the next release of macOS, but we got the first glimpse thanks to Steve Troughton Smith .

isis-killer-beheading-video-story-top Wife shoots, kills husband who was beating family cat
Jun 04, 2018 - 22:54
Mrs Harrison had put up posters in the area about the disappearance and the cat eventually returned home. Mr Harrison was transported to the Presbyterian Hospital in Dallas , where he was pronounced dead.

isis-killer-beheading-video-story-top England show World Cup promise in home victory over Nigeria
Jun 04, 2018 - 22:40
Manager Gareth Southgate is taking five forwards to Russian Federation , with Harry Kane, Marcus Rashford, Raheem Sterling, Jamie Vardy and Danny Welbeck all making the cut.

isis-killer-beheading-video-story-top North Korea ‘replaces’ military top brass in pre-summit shake-up
Jun 04, 2018 - 22:16
Last week Trump said he and the North Koreans "can go slowly" and the two sides do not plan to "sign something" on June 12. While excitement is building, the high stakes nature of the event means secrecy surrounds much of the planning.

isis-killer-beheading-video-story-top Family demands answer after dog dies on Delta flight
Jun 04, 2018 - 22:06
Eight-year-old Alejandro was travelling with his owners from Phoenix to New Jersey, where the couple is moving home to. A pet owner and his girlfriend want answers after their dog was found dead in his kennel following a Delta flight.

isis-killer-beheading-video-story-top New Wonder Woman 2 clue hints at the movie's time period
Jun 04, 2018 - 21:54
It grossed more than 821 million dollars on a budget of 149 million dollars, breaking records for a female-directed movie. While there are rumors of Chris Pine returning as Steve Trevor, no one from the cast or crew has confirmed as much.

isis-killer-beheading-video-story-top First lady stays behind on Trump's Camp David weekend
Jun 04, 2018 - 21:27
On Sunday Grisham said Melania will join her husband in hosting the Gold Star Families Memorial Day Reception. But she will be a notable presence for the White House to deal with on their next two big foreign trips.

isis-killer-beheading-video-story-top Wonder If Tom Cruise Earns His ‘Mission: Impossible’ Paychecks? Watch This
Jun 04, 2018 - 21:21
The makers of Mission: Impossible - Fallout posted a behind the scenes video of the halo jump across their social media account. Tom underwent special training to perform the scene, so much so, a customised helmet was created for the stunt.

isis-killer-beheading-video-story-top Man City winger Sane left out of Germany squad
Jun 04, 2018 - 20:58
Bernd Leno was the goalkeeper to miss out, while defender Jonathan Tah and forward Nils Petersen were also dropped from the squad. In 32 outings, Sane registered 10 goals and 15 assists as Pep Guardiola's men became the first ever side to reach 100 points.

isis-killer-beheading-video-story-top Barcelona lock up Samuel Umtiti with new five-year contract
Jun 04, 2018 - 20:46
But in the face of transfer speculation the France worldwide has opted to commit himself to the Blaugrana until 2023. I'm still under contract at the moment so for me to leave, either they throw me out the door or I decide to leave".