Current Events > Starbucks CEO stepping down at end of the month

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Antifar
06/04/18 10:07:16 PM
#1:


https://www.nytimes.com/2018/06/04/business/dealbook/starbucks-howard-schultz.html
Howard Schultz, the outspoken executive chairman of Starbucks, will leave the company at the end of the month, bringing to an end the tenure of a socially conscious entrepreneur who turned a local Seattle coffee chain into a global giant with more than 28,000 stores in 77 countries.

Mr. Schultzs decision to retire, a plan he said he privately outlined to the board a year ago, will most likely stoke speculation that he is considering a run for president in 2020. He is frequently mentioned as a potential candidate for the Democratic Party and has become increasingly vocal on political issues, including criticizing President Trump last year as a president that is creating episodic chaos every day.

While Mr. Schultz, 64, typically bats away speculation about his political ambitions with an eye roll or a pithy answer, on Monday he acknowledged for the first time that it is something he may consider.

I want to be truthful with you without creating more speculative headlines, he told The New York Times. For some time now, I have been deeply concerned about our country the growing division at home and our standing in the world.

One of the things I want to do in my next chapter is to figure out if there is a role I can play in giving back, he continued. Im not exactly sure what that means yet.

Asked directly if he was considering running for president, he said: I intend to think about a range of options, and that could include public service. But Im a long way from making any decisions about the future.

Mr. Schultz said he and the board had expected to announce his departure last month, but that plan was upended after an episode at a Philadelphia store in mid-April in which two black men were arrested after waiting inside one of the companys stores without making a purchase. Last week, Starbucks closed all of its company-owned stores around the country for four hours for racial bias training, a program that Mr. Schultz had spearheaded.

The possibility that Mr. Schultz, who has spent three decades leading Starbucks, could run for president has become far more realistic with the election of Mr. Trump, a real estate developer and reality-television star before his political career.

Mr. Trumps successful candidacy has set off a wave of speculation about business leaders eyeing a shot at the White House. Robert Iger, Disneys chief executive, publicly said he had been considering running for president until he struck a deal to buy 21st Century Fox. Jamie Dimon, chief executive of JPMorgan Chase, is also thought of as a possible candidate, and Mark Cuban, the billionaire owner of the Dallas Mavericks N.B.A. team, has said he planned to consider running as Republican, but would need to convince his wife first.


Jesus Christ what a horrifying paragraph that last one is. Don't vote for Howard Schultz or any of these assholes.
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BLAKUboy
06/04/18 10:09:04 PM
#2:


He is frequently mentioned as a potential candidate for the Democratic Party

...By who?
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edededdy
06/04/18 10:09:06 PM
#3:


whats with all these stupid assholes that know nothing about politics doing considering running?

like who wants to be president in the first place its such a high stress job
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YellowSUV
06/04/18 10:09:25 PM
#4:


Isn't this one of these neoliberal corporatists Hillary wanted in her cabinet?
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Antifar
06/04/18 10:10:04 PM
#5:


BLAKUboy posted...
He is frequently mentioned as a potential candidate for the Democratic Party

...By who?

I mean, yeah. There are 5 people in America who think that would be a good idea, and none of them have been outside of the beltway since 1999
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Paper_Okami
06/04/18 10:10:22 PM
#6:


No billionaires
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Antifar
06/04/18 10:10:36 PM
#7:


YellowSUV posted...
Isn't this one of these neoliberal corporatists Hillary wanted in her cabinet?

Shit, you're right. I think he was gonna be like, secretary of labor or some shit.
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BillWardsPants
06/04/18 10:10:51 PM
#8:


Arent they supposed to find a candidate that people might vote for, and just pull the strings from behind a curtain, rather than run themselves?
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Phantom_Nook
06/04/18 11:00:22 PM
#9:


Paper_Okami posted...
No billionaires

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Caution999
06/05/18 9:11:50 AM
#10:


LOL at this loser running for President.

What a joke.
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Fony
06/05/18 9:15:47 AM
#11:


It was dumb for them to go so far overboard in reaction to the arrest incident. A real investigation and standard procedure would have taken care of it.

It's a fact that based on the employee or managers whims, they let people loiter and use the bathrooms in Starbucks across the country. The manager had a negative history with black custom.ers and employees, and racist posts about other minorities o, her Facebook. Just firing the bitch and apologizing wpuld ha e been good. The guys didn't even sue for money.
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PG_Era
06/05/18 9:21:45 AM
#12:


Caution999 posted...
LOL at this loser running for President.

What a joke.


Pretty sure that statement was made about Trump and well....
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Caution999
06/05/18 9:23:27 AM
#13:


Starbucks should've stood their ground.

What's so hard about this kind of statement: "Let us start by saying - yes, racial discrimination is a problem in this country. Unfortunately, the two gentlemen that were thrown out of our store were loitering, and dressed like they just got out of bed. Their excuse is they were waiting for a job interview. Do you know anyone that has went to a job interview in dirty sweatpants? These guys were lying, and refused to purchase anything. We will revise our policies, in the future, to be more inclusive - but we will not tolerate bad behavior from anyone."
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Touch
06/05/18 9:23:59 AM
#14:


We did it reddit
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#15
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Doom_Art
06/05/18 9:33:47 AM
#16:


@Caution999 posted...
LOL at this loser running for President.

What a joke.

Caution you're a trump supporter hush
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FursonaNonGrata
06/05/18 9:35:25 AM
#17:


Yup, we definitely need more wildly narcissistic billionaires in American politics.
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A_Good_Boy
06/05/18 9:36:27 AM
#18:


Caution999 posted...
Starbucks should've stood their ground.

What's so hard about this kind of statement: "Let us start by saying - yes, racial discrimination is a problem in this country. Unfortunately, the two gentlemen that were thrown out of our store were loitering, and dressed like they just got out of bed. Their excuse is they were waiting for a job interview. Do you know anyone that has went to a job interview in dirty sweatpants? These guys were lying, and refused to purchase anything. We will revise our policies, in the future, to be more inclusive - but we will not tolerate bad behavior from anyone."

Read the article bro. He had been planning on retiring since last year. He only stayed on this long because the racist incident delayed his departure. It wasn't the catalyst behind him stepping down.
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Caution999
06/05/18 9:39:47 AM
#19:


It wasn't a racist incident.

These guys were loitering. Why is it unacceptable to criticize a person because of their skin color now? It doesn't reflect anything. These two guys deserved what they got.

They're getting judged by the content of their character. Sometimes, we all have the capability of acting like idiots. This goes across all skin colors.
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Antifar
06/05/18 12:14:48 PM
#20:


My man is gonna sweep Iowa with his platform of "better things aren't possible."
https://twitter.com/aseitzwald/status/1004002329249636352
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Solar_Crimson
06/05/18 12:15:44 PM
#21:


Antifar posted...
Mr. Schultzs decision to retire, a plan he said he privately outlined to the board a year ago, will most likely stoke speculation that he is considering a run for president in 2020.

Oh come on.
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Antifar
06/05/18 12:16:50 PM
#22:


Solar_Crimson posted...
Antifar posted...
Mr. Schultzs decision to retire, a plan he said he privately outlined to the board a year ago, will most likely stoke speculation that he is considering a run for president in 2020.

Oh come on.

He's put a distressing amount of thought into this nonsense: https://twitter.com/gzornick/status/1003955571446435840

I look forward to him finishing seventh, just ahead of Andrew Cuomo, in the Iowa caucus.
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Anteaterking
06/05/18 12:17:31 PM
#23:


Antifar posted...
He is frequently mentioned as a potential candidate for the Democratic Party


Ehh...

Antifar posted...
While Mr. Schultz, 64


No.
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BLAKUboy
06/05/18 12:18:54 PM
#24:


Antifar posted...
My man is gonna sweep Iowa with his platform of "better things aren't possible."
https://twitter.com/aseitzwald/status/1004002329249636352

This is a CEO saying "Fuck you I got mine".
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Phantom_Nook
06/05/18 12:21:55 PM
#25:


Antifar posted...
My man is gonna sweep Iowa with his platform of "better things aren't possible."
https://twitter.com/aseitzwald/status/1004002329249636352

I can't wait to wait in line for 8 hours in the snow to vote for this guy!
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#26
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#27
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apocalyptic_4
06/05/18 12:45:44 PM
#28:


Caution999 posted...
Starbucks should've stood their ground.

What's so hard about this kind of statement: "Let us start by saying - yes, racial discrimination is a problem in this country. Unfortunately, the two gentlemen that were thrown out of our store were loitering, and dressed like they just got out of bed. Their excuse is they were waiting for a job interview. Do you know anyone that has went to a job interview in dirty sweatpants? These guys were lying, and refused to purchase anything. We will revise our policies, in the future, to be more inclusive - but we will not tolerate bad behavior from anyone."


I knew one of you would read the topic title and assume this.
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prince_leo
06/05/18 12:56:11 PM
#29:


Antifar posted...
Mr. Trumps successful candidacy has set off a wave of speculation about business leaders eyeing a shot at the White House. Robert Iger, Disneys chief executive, publicly said he had been considering running for president until he struck a deal to buy 21st Century Fox. Jamie Dimon, chief executive of JPMorgan Chase, is also thought of as a possible candidate, and Mark Cuban, the billionaire owner of the Dallas Mavericks N.B.A. team, has said he planned to consider running as Republican, but would need to convince his wife first.

pls no
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