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2024-04-04 23:55:38

Howard Schultz

American businessman and author
American businessman and author
Howard D. Schultz, former Starbucks CEO, influential in global coffee culture. Known for rapid expansion and philanthropy efforts.
1953-07-19
Birth of Howard Schultz
Howard Schultz was born on July 19th, 1953 in the housing projects of Brooklyn, New York.
1975-01-01
Graduates college
Howard Schultz completed his studies at Northern Michigan University and obtained a bachelor's degree in Communications, becoming the first in his family to graduate from college.
1980-01-01
Begins working for Hammerplast
After starting his career at Xerox Corporation, Howard Schultz transitioned to working for a Swedish kitchen appliance company called Hammerplast.
1981
Howard Schultz Discovers Starbucks Coffee
In 1981, Howard Schultz visited a Starbucks store in Seattle, Washington during a business trip and was captivated by the delicious coffee. This experience sparked his interest in the company.
1982-01-01
Received a job with Starbucks
In January 1, 1982, Howard Schultz received a job offer from Starbucks, a popular coffee shop in Seattle.
1983-01-01
Travel to Milan, Italy
In 1983, Howard Schultz traveled to Milan, Italy.
1984
Opening of the first II Giornale coffee bar
In 1984, Howard Schultz opened the first II Giornale coffee bar after venturing out on his own due to disagreement with the owners of Starbucks. The cafe quickly became popular in Seattle.
1985-01-01
The Start of Il Giornale
Il Giornale, a coffee company founded by Howard Schultz, began its operations on January 1, 1985.
1986
Opening of the first store, Il Giornale
By 1986, Howard Schultz had raised the money needed to open the first store, Il Giornale, which offered ice cream in addition to coffee, had little seating, and played opera music in the background.
1987-01-01
CEO of Starbucks
In 1987, Howard Schultz became the CEO of Starbucks.
1995-03-03
Interview with Howard Schultz in Entrepreneur Magazine
An interview with Howard Schultz, the founder of Starbucks, titled 'Grounds for Success' was conducted by Scott S. Smith and published in Entrepreneur magazine on March 3, 1995.
1997
Publication of 'Pour Your Heart Into It: How Starbucks Built a Company One Cup at a Time'
The book 'Pour Your Heart Into It: How Starbucks Built a Company One Cup at a Time' was published in 1997 by Hyperion. It narrates the story of Starbucks and the business principles that Howard Schultz believes contributed to its growth from a small coffee retailer to a corporate giant.
1998-05
Howard Schultz Interview with Entrepreneur Magazine
In May 1998, Howard Schultz gave an interview to Entrepreneur magazine where he modestly discussed his business philosophy.
2000-06
Schultz steps down as CEO of Starbucks
In June 2000, Howard Schultz stepped down as CEO of Starbucks, moving to the new position of chief global strategist to help the company expand internationally.
2001-01
Purchase of Seattle SuperSonics and Seattle Storm
In January 2001, Howard Schultz led a group of investors to buy the Seattle SuperSonics and Seattle Storm for $200 million. Schultz faced criticism for his business-oriented approach rather than focusing on the sports aspect of the franchises.
2004
International Distinguished Entrepreneur Award
Howard Schultz was presented with the 'International Distinguished Entrepreneur Award' in 2004 by the University of Manitoba in recognition of his exceptional success and conduct at Starbucks.
2006-07-18
Sale of Seattle SuperSonics to Clay Bennett
On July 18, 2006, Howard Schultz sold the Seattle SuperSonics to Clay Bennett for $350 million after failing to secure public funding for a new arena in Seattle. The sale raised speculation about the team's potential relocation.
2007
FIRST Responsible Capitalism Award
In 2007, Howard Schultz was honored with the FIRST Responsible Capitalism Award.
2008-01-07
Schultz Returns as CEO of Starbucks
After an eight-year break, Howard Schultz came back as the CEO of Starbucks in the midst of the 2008 financial crisis. He implemented various changes including a $100 million settlement in back tips, mass-firing of executives, and emphasis on fair trade policies.
2008-07-02
Seattle SuperSonics relocation to Oklahoma City
On July 2, 2008, the city of Seattle reached a settlement with the new ownership group, leading to the relocation of the SuperSonics to Oklahoma City, where they became the Thunder for the 2008–09 NBA season. The move significantly impacted Schultz's reputation in Seattle.
2011
Fortune Magazine Names Schultz 'Businessperson of the Year'
In 2011, Howard Schultz was recognized as Fortune magazine's 'Businessperson of the Year' for his impactful initiatives in the economy and job market.
2012
Publication of 'Pour Your Heart Into It'
In 2012, Howard Schultz published his memoir 'Pour Your Heart Into It', where he shared his vision on unions and their place at Starbucks.
2014
For Love of Country: What Our Veterans Can Teach Us About Citizenship, Heroism, and Sacrifice
In his third book, co-written with Rajiv Chandrasekaran, Schultz explores the lessons on citizenship and sacrifice that can be learned from veterans, receiving positive reviews for its well-written and moving content.
2015
Schultz Named Most Generous CEO by Fortune Magazine
In 2015, Fortune magazine acknowledged Howard Schultz as the most generous CEO for his contributions towards Starbucks' healthcare coverage, educational opportunities, and employee stock options.
2017-11
Schultz Receives National Equal Justice Award from NAACP Legal Defense and Educational Fund
In November 2017, Howard Schultz was presented with the National Equal Justice Award by the NAACP Legal Defense and Educational Fund.
2019-01-27
Howard Schultz Considers Independent Presidential Run
On January 27, 2019, Howard Schultz announced in an interview with 60 Minutes that he was exploring a run for president as an independent candidate, considering a centrist approach.
2019-09-06
Howard Schultz Rules Out Presidential Run
By September 6, 2019, Howard Schultz officially ruled out a presidential run, stating that it wasn't the best way to serve the country at that time.
2020-09-14
Howard Schultz Endorses Joe Biden
On September 14, 2020, Howard Schultz endorsed Joe Biden for the presidency, urging Americans to vote for Biden for the future of the republic.
2022-03-16
Schultz becomes interim CEO of Starbucks
On March 16, 2022, Starbucks announced that Howard Schultz would take over as interim CEO until a new CEO, Laxman Narasimhan, assumed the role in April 2023.
2023-03-20
Schultz steps down early as interim CEO of Starbucks
On March 20, 2023, Howard Schultz announced that he would be stepping down early from his position as interim CEO of Starbucks.
2023-03-29
Testimony before the United States Senate Committee
On March 29, 2023, Schultz testified before the United States Senate Committee on Health, Education, Labor and Pensions, addressing questions about Starbucks' stance on unions.
2024-03-22
Cui Tiankai urges Howard Schultz to improve China-US ties
Cui Tiankai, in a recent news article from South China Morning Post on March 22, 2024, urged Howard Schultz to try and improve China-US ties through Starbucks.
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Howard Schultz

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Howard Schultz

American businessman and author
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