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Howard Schultz

Howard Schultz, chairman and chief global strategist of Starbucks

Howard Schultz
Howard Schultz

The Botwinick Prize in Business Ethics recognizes Howard Schultz for his long term commitment to Starbucks employees, or partners, as they are known, and to the communities in which they work. Schultz’s fervent dedication to improving the lives of people around the world has fostered Starbucks’ international reputation for philanthropy and corporate innovation.

Professor Meyer Feldberg, dean of Columbia Business School, commented, “Howard is a visionary leader who has had a tremendous impact on his employees and the global community. The School is proud to recognize a businessman who is such an extraordinary role model for our students and the entire business community.”

“I am very honored to be recognized as a business leader who exemplifies the highest standard of ethical conduct in business,” said Howard Schultz. “This prestigious prize acknowledges the commitment of all 40,000 Starbucks partners (employees) who continually strive to enhance the lives of people throughout the world.”

Under Schultz's leadership, Starbucks has become the largest continual North American contributor to CARE, the international aid organization. CARE's focus on sustainable development and emergency aid in developing countries helps Starbucks to give back to the coffee origin countries in which it does business. In 1997, Schultz created the Starbucks Foundation with the vision of using it as a tool to create hope and opportunity in communities where Starbucks does business. The foundation is currently focused on raising awareness for literacy causes and has established a program to give grants to organizations throughout North America to promote literacy. The Foundation was originally funded by Schultz’s profits from his book, Pour Your Heart Into It, How Starbucks Built a Company One Cup at a Time. Starbucks heralded a new age in employee relations in 1990 as it became the first privately held company in North America to offer equity in the form of annual stock options eligible for full- and part-time partners.

Howard Schultz earned a BS from Northern Michigan University in 1975. In 1982, he joined Starbucks Coffee Company (Nasdaq:SBUX) as director of operations and marketing, when the Company only had four stores. Recently, Schultz, who remains chairman of the board, assumed a new role as chief global strategist in order to dedicate more time to the company's global expansion and international brand development.

 

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