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Encyclopedia > Howard Schultz
Howard Schultz

Howard Schultz in Vancouver on March 1st, 2007
Born July 19 [[1952

]] (1952 Image File history File links Acap. ... Image File history File links Metadata Size of this preview: 400 × 599 pixelsFull resolution (2401 × 3597 pixel, file size: 1. ... is the 200th day of the year (201st in leap years) in the Gregorian calendar. ...

-07-19) (age 55)
Flag of the United StatesBrooklyn, New York, U.S.
Occupation Chairman, Starbucks
Salary US$ 4,798,745 [1]
Net worth $1.1 Billion
Spouse Sheri Kersch Schultz
Children 2
Website Starbucks

Howard Schultz (b. July 19, 1953) is a homophopic Image File history File links This is a lossless scalable vector image. ... For other meanings, see Brooklyn (disambiguation). ... “NY” redirects here. ... Motto: (Out Of Many, One) (traditional) In God We Trust (1956 to date) Anthem: The Star-Spangled Banner Capital Washington D.C. Largest city New York City None at federal level (English de facto) Government Federal constitutional republic  - President George Walker Bush (R)  - Vice President Dick Cheney (R) Independence from... A chairperson is the political correct term for the presiding officer of a meeting, organization, committee, or other deliberative body. ... For other meanings of the name Starbuck, see Starbuck. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... Image File history File links No higher resolution available. ... is the 200th day of the year (201st in leap years) in the Gregorian calendar. ... Year 1953 (MCMLIII) was a common year starting on Thursday (link will display full calendar) of the Gregorian calendar. ...

 American businessman and entrepreneur most widely known as the Chairman and Chief Global Strategist [2] of Starbucks and a former owner of Seattle SuperSonics which he sold to Oklahoma businessman Clayton Bennett. Howard Schultz co-founded Maveron, his investment group, in 1998 with Dan Levitan. 

Schultz grew up in a subsidized public housing project (Bay View Houses) in the Canarsie section of Brooklyn, New York. He attended Canarsie High School and is the eldest of three children. He has a sister, Ronnie (b. 1956) and a brother Michael (b. 1961), both of who live in New York. His mother lives in New Jersey and his father, of whom he often speaks in his interviews, is deceased. He currently lives in Seattle's Madison Park neighborhood with his wife and their two children, Jordan and Addison. A businessman (sometimes businesswoman, female; or businessperson, gender neutral) is a generic term for a wide range of people engaged in profit-oriented enterprises, generally the management of a company. ... For the sequel to the computer game Entrepreneur, which has no article of its own, see The Corporate Machine. ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... A Chief Global Strategist (CGS), or chief strategist, is the one of the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of the global strategy and global expansion of a corporation, company, organization or agency. ... For other meanings of the name Starbuck, see Starbuck. ... Category: ... A typical street in Canarsie. ... For other meanings, see Brooklyn (disambiguation). ... Official language(s) English de facto Capital Trenton Largest city Newark Area  Ranked 47th  - Total 8,729 sq mi (22,608 km²)  - Width 70 miles (110 km)  - Length 150 miles (240 km)  - % water 14. ... City nickname Emerald City City bird Great Blue Heron City flower Dahlia City mottos The City of Flowers The City of Goodwill City song Seattle, the Peerless City Mayor Greg Nickels County King County Area   - Total   - Land   - Water   - % water 369. ... Madison Park Madison Park is a neighborhood in east central Seattle, Washington, named after the city park on the Lake Washington shore. ...


In 1975, he became the first of his family to graduate from college when he earned his bachelor's degree in communication from Northern Michigan University, which he attended on a football scholarship. He is a member of Tau Kappa Epsilon. A bachelors degree is usually an undergraduate academic degree awarded for a course or major that generally lasts for three, four, or in some cases and countries, five or six years. ... Northern Michigan University is a four-year university established in 1899 located in Marquette, Michigan of Michigans Upper Peninsula. ... Tau Kappa Epsilon (TKE or Teke, pronounced T-K-E or IPA , as in teak wood) is a college fraternity with chapters in the USA, and Canada, and affiliation with a German fraternity system known as the Corps of the Weinheimer Senioren Convent (WSC). ...


In 1982, he joined Seattle's Starbucks which sold only coffee beans at the time. Inspired by Italian espresso bars, he resolved to create a similar experience in the United States. Having been rebuffed by Starbucks management at the time, Schultz responded by leaving to start his own company, Il Giornale in 1985. Two years later the original Starbucks management decided to work on Peet's Coffee & Tea and sold its Starbucks unit to Schultz and Il Giornale. Espresso brewing, with a dark reddish-brown foam, called crema or schiuma. ... Il Giornale can mean: the newspaper Il Giornale a chain of coffee bars, predecessor to Starbucks This is a disambiguation page: a list of articles associated with the same title. ... Peets Coffee & Tea is a specialty coffee roaster and retailer. ...


Schultz renamed Il Giornale with the Starbucks name and aggressively expanded Starbucks' reach across the United States. It can be said that Starbucks popularized espresso drinks such as the cafe latte to many Americans who had previously only ever tasted freeze dried coffee. Latte Latte is Italian for milk. ... Freeze drying (also known as Lyophilization) is a dehydration process typically used to preserve a perishable material, or to make the material more convenient for transport. ...


Schultz co-authored a book called Pour Your Heart into It that expounds on his life journey with Starbucks. Howard Schultz (b. ...


Schultz is also the former owner of the NBA's Seattle Supersonics. On July 17, 2006, it was announced that Schultz sold the team to a group of businessmen from Oklahoma City for $350 million. It is speculated that the new owners will move the team to Oklahoma City some time after the 2006-2007 NBA season[3]. This sale was seen by many as very disappointing as Schultz had often claimed that he wished to save basketball in Seattle. He also owned the WNBA's Seattle Storm, and is a significant stakeholder in Jamba Juice. The National Basketball Association of the United States and Canada, commonly known as the NBA, is the premier professional basketball league in North America. ... This article does not cite any references or sources. ... is the 198th day of the year (199th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Downtown Oklahoma City The State Capitol of Oklahoma From The South Motto: Nickname: Capital of the New Century Founded 1889 Incorporated County Oklahoma County Cleveland County Canadian County Borough {{{borough}}} Parrish {{{parrish}}} Mayor Mick Cornett Area  - Total  - Water 1,608. ... Downtown Oklahoma City The State Capitol of Oklahoma From The South Motto: Nickname: Capital of the New Century Founded 1889 Incorporated County Oklahoma County Cleveland County Canadian County Borough {{{borough}}} Parrish {{{parrish}}} Mayor Mick Cornett Area  - Total  - Water 1,608. ... WNBA may also refer to WNBA-AM, a radio station in Illinois. ... The Seattle Storm is a Womens National Basketball Association (WNBA) team based in Seattle, Washington. ... Jamba Juice is a high-end chain of smoothie restaurants headquartered in Emeryville, California with over 640 locations operating in 21 states, the District of Columbia and the Bahamas. ...


In 2006, Forbes Magazine ranked Schultz as the 354th richest person in the United States, with a net worth of $1.1 billion dollars. Alternate meaning: For the Boston Brahmin family associated with John Forbes Kerry, see Forbes family. ... Billion and Billionaire in the context of the following lists refers to the short scale meaning of the word i. ...


On March 29, 2007, Schultz accepted the Rev. Theodore M. Hesburgh, C.S.C., Award for Ethics in Business at the Mendoza College of Business at the University of Notre Dame. The same night, he delivered the Frank Cahill Lecture in Business Ethics.


References

  1. ^ Howard Schultz Profile. Forbes.com. Accessed 2/28/07.
  2. ^ franchisebusiness.com. URL last accessed August 16, 2007.
  3. ^ seattletimes.nwsource.com. URL last accessed July 18, 2006.

  Results from FactBites:
 
Biography: Howard Schultz, Starbucks (811 words)
Howard Schultz wasn't the first person to be carried away by the aroma of a well-roasted coffee bean.
Schultz was born in 1952 and raised in a Brooklyn, N.Y., housing project.
Schultz has said that his model for expanding Starbucks is McDonald's, with a few key differences.
Howard Schultz 1953— - FINDING HIS NICHE, DIVERSIFICATION AND EXPANSION (1185 words)
Schultz grew up in the Carnisie housing projects of Brook lyn, where he was deeply affected by his father's struggle to provide for his family.
Schultz thought that the coffee-bar experience could be the next evolutionary step for Starbucks in America; when the founders disagreed, he reluctantly left the company and opened his own Italian-style espresso bars in the Seattle area.
Schultz had optimistically promised investors that Star-bucks would expand rapidly, even though Seattle was already filled with coffee stores and the rest of the country had yet to show interest in espresso drinks.
  More results at FactBites »


 

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