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
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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.
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The evolving social and digital media platforms and highly innovative and relevant payment capabilities are causing seismic changes in consumer behavior and creating equally disruptive opportunities for business.
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Europe has always represented a major strategic opportunity to achieve our goal of creating and building an enduring global brand.
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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.
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We establish the value of buying a product at Starbucks by our uncompromising quality and by building a personal relationship with each customer. Starbucks is rekindling America's love affair with coffee, bringing romance and fresh flavor back to the brew.
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Our core beverages, coupled with a strong holiday promotion, drove results in our retail stores, while solid growth in licensed locations led to the increase in our specialty business revenues.
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I think from his speech and his remarks, we see a genuine and authentic feeling of wanting not only an open relationship with (our) country but also a genuine commitment to making sure these are stages of growth and development for our two nations.
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Management's proposal to declassify the Board demonstrates Starbucks Board of Directors commitment to good corporate governance practices. The Board believes that the annual election of directors is a primary means for shareholders to influence corporate governance policies and hold management accountable for implementing those policies.
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We think we're on track to become one of the most recognizable brands in the world. We're in 35 markets already. There are some new markets that we're very interested in, such as Russia and Eastern Europe. India is another unique place to be in but it's not going to happen tomorrow. But at the same time, we're more focused on filling in the markets we're already in.
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London, a city where creativity and innovation have always flourished, provides a significant home for Starbucks and a significant gateway into Europe,
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I think many start-ups make mistakes because they are focusing on things that are farther ahead, and they haven't done the work that has built the foundation to support it.
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We must restore the emotional relationship that people have to the idea of America, that no matter where you come from, no matter where you live, that you have access to the same opportunities that somebody who is born in privilege.
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Great opportunities can be and have been created during tough economic times.
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Profitability is a shallow goal if it doesn't have a real purpose, and the purpose has to be share the profits with others.