Daily Management Review

Is Starbucks founder going to become the US president?


06/05/2018


Howard Schultz, the founder and long-term head of Starbucks, stepped down as chairman of the company's board of directors and said that he was considering a possibility of going to public service. This statement has already caused active discussions on whether Mr. Schultz is going to put forward his candidacy for the presidential elections in 2020.



Marco Paköeningrat
Marco Paköeningrat
On Monday, the American coffee shop Starbucks announced departure of Howard Schultz as chairman of the board of directors. Mr. Schultz, in fact, is the founder of Starbucks in its present form. For many years, Howard Schultz has been the CEO of the company. He left this post in December 2016 to head the board of directors. Mr. Schultz will leave his current position on June 26, after that Starbucks board of directors will be headed by Myron Ullman, who previously headed the retailer J. C. Penney. 

In his statement of resignation, Howard Schultz said he was considering the possibility of going into politics: “I think about a number of options for myself - from charity to public service, but I'm far from understanding what the future is preparing for me,” he said.

In this regard, the US has already begun talking about the fact that Mr. Schultz is going to put forward his candidacy in the presidential elections of the USA in 2020. In the 2016 election, Howard Schultz expressed support for Hillary Clinton, and he repeatedly criticized the policy of Donald Trump. 
 
The Democratic Party does not have an obvious candidate for the election of 2020, so dozens of people are among the possible candidates.

Although Mr. Schultz himself earlier denied information about his intention to go into politics, he once said in an interview with CNN that he "would never say never about the presidential race. On Monday, Mr. Schultz told The New York Times: “For some time now, I am deeply concerned about what is happening to our country - the growing disunity of people within it and our position in the international arena. One of the things that I want to do in the next chapter of my life is to understand if I can make some contribution to improving this situation. I do not know exactly what it means yet.”

source: nytimes.com






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