Fast Company


Howard Schultz, Bob Iger, and other biz leaders may be mulling runs. Here’s why that matters.

On a recent afternoon in Washington, D.C., at a Starbucks just a few blocks from the White House, a pair of baristas are explaining why their boss Howard Schultz should run for president. Schultz, the executive chairman of the world’s largest coffee-shop chain, had reportedly considered bids for the Oval Office in previous elections, but since he announced in December that he would be stepping down as CEO, speculation has built about his plans for 2020. Employees at this particular store seem eager for “Howard,” as they call him, to get in the race. “He’s a great guy and a great CEO,” says one of the workers, pointing to Starbucks’s unusually generous benefits and Schultz’s progressive activism on a range of current issues, which include advocating for LGBTQ rights and providing job opportunities to both military veterans and refugees. “I would consider voting for him.”

For many Washington pundits and insiders, the idea of a Schultz candidacy is hard to resist. The billionaire Brooklyn native seems to have the means, the private-sector bona fides, the platform and reach,

You're reading a preview, sign up to read more.

More from Fast Company

Fast Company2 min read
29 For Capturing The Moment
Dev Hynes, who performs as Blood Orange, pushes with his words, music, and indeterminate identity against rigid definitions of race, sexuality, and culture. His unstructured aesthetic is his one consistency, whether he’s producing tracks for Solange
Fast Company2 min readTech
18 For Defending The Vulnerable Online
As director of cybersecurity at Electronic Frontier Foundation, which has defended civil liberties on the internet since 1990, Eva Galperin identifies and exposes threats to the privacy of journalists, activists, and others online. That includes hund
Fast Company1 min read
96 For Influencing What Everyone Wears
With a client list that includes Olivia Wilde, Karlie Kloss, Justin Bieber, and Elisabeth Moss, Karla Welch is one of the most powerful—and prolific—stylists in Hollywood. (She dressed 20 people for the 2019 Academy Awards.) But Welch sees her role a