Did Howard Schultz find Starbucks? How much of Starbucks does Howard Schultz own?

Howard D. Schultz is an American businessman and author. He served as the chairman and chief executive officer of the Starbucks Coffee Company from 1986 to 2000, and then again from 2008 to 2017.

Schultz also owned the Seattle SuperSonics basketball team from 2001 to 2006.

Did Howard Schultz find Starbucks?

‘When you love something, you have a deep sense of responsibility to help when called,’ Schultz, who bought Starbucks in 1987, said on Wednesday.

Longtime Starbucks CEO Howard Schultz is returning to lead the company on an interim basis after the coffee giant’s chief executive announced his retirement.

Eight years later Starbucks was suffering from a rough economy and its own strategic missteps, and Schultz felt compelled to return to the CEO seat.

His previous tenure had seen promising growth, but now he faced a challenging mission: to lead a turnaround of the company he had built.

How much of Starbucks does Howard Schultz own?

While Schultz left Starbucks in 2018, he still owns more than 37.7 million shares or roughly 3% of the company’s stock.