Former Starbucks CEO Howard Schultz said to mull independent 2020 bid




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Former Starbucks Chairman and CEO Howard Schultz, who’s launching a information tour subsequent week, is reportedly giving essential consideration to working for president in 2020 as an independent candidate, The Atlantic reported on Saturday.

With the sector of contenders to drawback President Donald Trump rising every day, Schultz is about to give an interview on Sunday to 60 Minutes, CBS’s flagship info journal. While the neighborhood has teased a snippet of the interview throughout which Schultz harsly criticizing Trump, the espresso impresario who turned Starbucks right into a worldwide mannequin is weighing the idea of an independent bid, in accordance to The Atlantic.

Representatives for Schultz did not immediately return CNBC’s request for comment. In response to an inquiry from CNBC, a spokesperson for CBS replied: “Watch 60 Minutes to see the Howard Schultz interview.”

Speculation has swirled spherical Schultz’s second act after Starbucks for in any case two years, and the 60 Minutes interview could very nicely be the newest trial balloon floated by his camp. The Atlantic cited Democratic insiders as in all probability essentially the most apprehensive a few potential run for the presidency by Schultz, who’re reportedly concerned third-party bid would siphon off Democratic votes, and assure a re-election for Trump.

The 60 Minutes interview is timed to the discharge of Schultz’s information, “From the Ground Up,” which weaves collectively components of his non-public biography and his imaginative and prescient for the nation. CNBC reported in November that the Brooklyn native — who’s value in any case $3 billion, in accordance to Bloomberg — is establishing an elite communications group ahead of what could very nicely be remodeled proper right into a White House advertising marketing campaign.

A key participant in Schultz’s rising group is Steve Schmidt, a former vice chairman at public relations powerhouse Edelman who managed Republican Sen. John McCain’s presidential advertising marketing campaign in 2008. In an interview with CNBC last 12 months, Schultz left the door open to a run.

The Atlantic’s full story will probably be found on its site.

–CNBC’s Brian Schultz contributed to this textual content.

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