NewsNational

Actions

Starbucks' executive chairman Howard Schultz to retire at the end of the month

Posted: 4:33 PM, Jun 04, 2018
Updated: 2018-06-04 16:39:55-04
Starbucks' executive chairman Howard Schultz to retire at the end of the month

Howard Schultz is leaving his job at Starbucks — and says he may consider running for president.

Starbucks announced Monday that Schultz, a former CEO and the most prominent face of the company, will step down later this month as executive chairman.

In an interview with The New York Times , he acknowledged that he may consider a bid for the White House.

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

Schultz has been rumored before as a potential Democratic candidate.

He started at Starbucks in 1982 and served as chief executive from 1987 to 2000 and again from 2008 to 2017.

The-CNN-Wire
™ & © 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved.