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Howard Schultz is CEO and chairman of Starbucks, the highly successful coffee company.
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The incredibly popular coffee company reportedly opens a new store every 12 hours and attracts close to 44 million customers per week. According to the company's website, Starbucks has been "committed to ethically sourcing and roasting the highest-quality arabica coffee in the world" since 1971.
In March 2013, Schultz made headlines and won wide applause after making a statement in support of the legalization of gay marriage. After a shareholder complained that Starbucks had lost sales due its support for gay marriage (the company had announced its support for a referendum to legalize gay union in the state of Washington), Schultz responded, "Not every decision is an economic decision. Despite the fact that you recite statistics that are narrow in time, we did provide a 38 percent shareholder return over the last year. I don't know how many things you invest in, but I would suspect not many things, companies, products, investments have returned 38 percent over the last 12 months. Having said that, it is not an economic decision to me. The lens in which we are making that decision is through the lens of our people. We employ over 200,000 people in this company, and we want to embrace diversity. Of all kinds." The CEO then added, "If you feel, respectfully, that you can get a higher return than the 38 percent you got last year, it's a free country. You can sell your shares in Starbucks and buy shares in another company. Thank you very much."
Howard Schultz currently resides in Seattle, Washington, with his wife, Sheri (Kersch) Schultz, and two children, Jordan and Addison.
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