Starbucks Chairman Howard Schultz quits, may run for US Prez
US coffee giant Starbucks on Monday announced that its Executive Chairman Howard Schultz will step down on June 26 amid speculation that he may run for President. Under his leadership, the Seattle-based company went from 11 cafes to over 28,000 in 77 countries. The billionaire joined Starbucks in 1982 and took over as Chairman from the CEO position last year.