Howard Schultz
Howard Schultz
Howard D. Schultzis an American businessman. He is best known as the chairman and CEO of Starbucks and a former owner of the Seattle SuperSonics. He was a member of the Board of Directors at Square, Inc. In 1998, Schultz co-founded Maveron, an investment group, with Dan Levitan. In 2012, Forbes magazine ranked Schultz as the 354th richest person in the United States, with a net worth of $1.5 billion...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth19 July 1953
CityBrooklyn, NY
CountryUnited States of America
People have come to me over the years and said to me: 'I admire the culture of Starbucks. Can you come give a speech and help us turn our culture around?' I wish it were that easy. Turning a culture around is very difficult to do because it's based on a series of many, many decisions, and the organization is framed by those decisions.
On balance, I am a supporter of the minimum wage going up. We've got to be very careful what we wish for because some employers - and there could be a lot of them - will be scared away from hiring new people or creating incremental hours for part-time people as a result of that wage going up.
In many ways what we announced today is a milestone in building the business in China, ... But it mirrors what we did in the past 25 years in America in creating profitability and balancing that with a social conscience.
There's this myth that has been exacerbated by others that Starbucks means a $4 cup of coffee, which is not true.
There's tension here, and I'm just trying to respond in a responsible way,
Once they learn to like the beverage, they would come back in the morning and become regulars.
I'm not selling the team. I have no intention of selling the team.
I must say, I'm really not optimistic. We've done everything we possibly could to demonstrate our passionate commitment to this city, the state, our fan base, and it's going on deaf ears.
I wanted to try and build the company that my father never got a chance to work for,
They can look forward to us introducing them to the movie in a fun, experiential way. We believe that Starbucks can ultimately change the rules of the game for film marketing and distribution.
With less than a month to go, it's very clear to us that the city and state officials are not showing us the kind of respect we feel we deserve.
Elite teams have to demonstrate consistency. That's the challenge now, and certainly that's the expectation.
We have a big opportunity in China, ... We think the number of stores here can rival the number in North America.
We are as passionate about our commitment to our communities as we are about achieving financial success.