Home / Business / Howard Schultz, former Starbucks CEO, says he is considering an independent presidency – 60 minutes

Howard Schultz, former Starbucks CEO, says he is considering an independent presidency – 60 minutes

Starbucks boss Howard Schultz left his company seven months ago, causing many to wonder what the socially conscious leader was planning. For Schultz, Starbucks was never just a café. He saw his stores as meeting rooms where customers chew on the great issues of the day. His activism is rooted in a life of rags to riches. And tonight Schultz reveals traumas that he has never talked about publicly. At age 65, he prepares for the biggest challenge of his life. Many believe Schultz will run as a Democrat for the President. His announcement tonight may be a surprise.

  schultz-7.jpg "height =" 349 "width =" 620 "class =" lazyload "data-srcset =" https://cbsnews1.cbsistatic.com/hub/i/r/19209/01/27 / 72c44dad-46b6-42e9-bc98-22da1775fcbb / thumbnail / 620x349 / d9bbe021d10f14c8bc2f83cd4e3707d3 / schultz-7.jpg 1x, https: //cbsnews2.cbsnews2.cbnews2 / 01/27 / 72c44dad-46b6-42e9-bc98-22da1775fcbb / thumbnail / 1240x698 / 59d5a941e8b994e5cae01fe2157c3692 / schultz-7.jpg 2x "srcset =" Data: Image / svg + xml, 3 xl / cm; 2F% 2Fwww.w3.org% 2F2000% 2Fsvg% 20viewBox% 3D & 0% 200% 20620% 20349 &% 2F% 3E "/> </span><figcaption class= Correspondent Scott Pelley talks to Howard Schultz

Howard Schultz: I am seriously thinking of running for president and running as an independent centrist, outside the two-party system where we live at a very fragile time, not just the fact that this president is not qualified as president, but the fact that both parties consistently do not do what is necessary for the American people are involved in avenging politics every day.

Scott Pelley: Why as an independent state? Their views were always on the

Howard Schultz: That's right, I'm a lifelong Democrat, I see both parties – we see extremes on both sides fine, we're sitting with about $ 21.5 trillion in debt today, which is a ruthless For example, not only Republicans but also Democrats have their constitutional responsibilities.

Scott Pelley: Are you worried that you will vote Democrats, thereby ensuring that President Trump has a second term?

Howard Schultz: I want to see the Americans win. I want to see America win. I do not care if you're a Democrat, Independent, Libertarian or Republican. Bring me your ideas. And I will be an independent person who will accept these ideas. Because I'm in no way in bed with a party.

This month we met with Howard Schultz in his adopted Seattle. Here he came to Pike Place Market in 1981 to visit the original Starbucks, a tiny shop selling coffee beans.

Scott Pelley: You sold coffee machines and lived in New York. This was one of your customers. Why did you come here to visit her?

Howard Schultz: I had never heard of Starbucks. And they bought a ton of these products. I just thought, I have to come to Seattle and see who this company was.

How he created the phenomenon we know is a story longer than that of Starbucks. Suffice to say that Schultz got a job behind this counter. He installed an espresso machine. And in 1987 he bought the store with borrowed money.

Scott Pelley: How many stores are there today?

Howard Schultz: Nearly 30,000 in 77 countries.

A sweet success with some bitter notes. Starbucks was almost broke during the 2007 financial crisis.

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And last year, a business executive caused a sensation when she called the police to African-American men who had just hung out at a table: Schultz has all the US stores The race had been an issue before when Schultz had asked coworkers to race with customers to speak justice.

Howard Schultz: We had a moral obligation to a company that discussed this.

Scott Pelley: And then you were intimidated for a coffee drinker op tells people what they think about humanity.

Howard Schultz: The execution was flawed. And who owns the execution? I do it because I was the one who urged us not to play it safe.

But from the beginning his 350,000 employees broke with Schultz's social agenda.

You have health insurance, study allowances and stock.

Schultz likes to say that he founded the company for which his impoverished parents never had the chance to work.

Howard Schultz: When I read a statistic stating that over 40 percent of Americans do not have $ 400 in the bank and only one crisis is bankrupt, or five and a half million children in America, many of whom are African Americans and Latino, do not go to school and are not at work and have no chance, and one in six people in America is unsure about food, I think about that.

These gloomy numbers describe his own childhood.

Howard Schultz: This place has never left me. I think it has defined my character and my vulnerability.

Schultz took us back to the time of his youth,

Scott Pelley: And that's the way to the seventh floor. [BrooklynNewYorkPublicHousingProject:HisFamilybeingearnedasFourBusinessWorkingWithoutInsuranceWithoutMilitaryAndAbreachingAffordedToPowerfulTalks

Scott Pelley: Your father beat you with your fists.

Howard Schultz: There were times when there was physical abuse, yes.

Scott Pelley: He hit you when you showered. And you were crumpling up at the bottom of the shower and sending your blood down the drain. At that moment, you thought something?

Howard Schultz: I was 15 years old. I was disrespectful to my mother. He came home and … beat me to mush. I could not go to school for a few days. I was angry and upset.

Scott Pelley: Did you hate him?

Howard Schultz: I'm sure there were moments when I did it. And then there were glorious moments to be with him in the right tribune at Yankee Stadium. There is a level of hate that emerges. But it did not stay.

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His journey is mapped in a new autobiography titled" From the Ground Up "(19659005) Scott Pelley: If your dad was the dark, your mother was the light.

Howard Schultz: She was, and my self esteem came from my mother, and I could say that if my mother were here, if my mother were, for her, then that would be just the biggest moment in her life to think because one of the Things that were so hard for me were that my two parents did not – did not see my Su at Starbucks. Maybe I'm here for her.

Scott Pelley: Well, let me see if I can figure out where to deal with some of the issues that matter in the country. Immigration.

Howard Schultz: The country is based primarily on humanity, fairness and goodness. We have been an immigration country for over 200 years. And for the 11 million people who are not authorized here, there should be a fair and equitable way to pay, pay taxes, pay fees, and become United States citizens.

Scott Pelley: Climate Change. 19659005] Howard Schultz: Another mistake by President Trump to leave the Paris Climate Change Agreement.

Scott Pelley: Healthcare.

Scott Pelley: Every American has the right to access quality healthcare. But what the Democrats are proposing is as wrong as the wall. And that's free health care for those who can not afford the land.

Scott Pelley: The tax cut for 2018.

Howard Schultz: I would not have brought a free ride into the business, from 35 percent or 37 percent to 21 percent. It would have been more modest. But I would have addressed the people who need the most tax breaks, and these are the people I talked about earlier, and who do not have $ 400 in the bank.

Scott Pelley: Many People Will Ask, What Does Coffee Entrepreneurs Know About Being Commander-in-Chief?

Howard Schultz: I have a long history of recognizing, I'm not the smartest person in the room, I need to recruit people who are smarter than me and more experienced and experienced to make big decisions about complex issues and we need to understand that we need a creative debate in the room to make those decisions.

His worldview is marked by his experience as global CEO.

Howard Schultz: Is it in our national interest to fight with Mexico, Canada, the EU, China and NATO? Is it in our interest? Give me a break. No, that is not in our interest. These are our friends. These are our allies. As a country we are much better as part of the world order.

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Schultz formed an alliance with his wife Sheri when they were married more than 36 years ago Today they have one Son and Daughter, Two Grandchildren, and One, Sheri Schultz oversees the $ 200 million family charity that connects disadvantaged youth and veterans with jobs.

Scott Pelley: This is a long, stony road, presidents Candidate: Do you want to do that? Sheri Schultz: Well, it was not in my plan, certainly my long-term life plan.

Scott Pelley: Did he tell you or did he ask you?

Sheri Schultz: No, he asked. He came to the family. We knew it was serious –

Howard Schultz: I'm still … I'm still asking.

Sheri Schultz: He still asks and many family reunions.

He is still wondering if he should run. But he put together a campaign team and did the homework.

Scott Pelley: Can you vote in all 50 states?

Howard Schultz: If I choose to be President, I will not only contest the election of each state, all 50 states, but we will vote in every district, in every district where we have done this work stand.

Scott Pelley: Would the stores be there? Will there be a Schultz 2020 button on every green apron around the country?

Howard Schultz: No, there would be a complete separation between me and the company.

Scott Pelley: What we know is no Independent is almost approached the victory.

Howard Schultz: In fact, we know that over 40 percent of voters are either registered independents or are currently affiliated as independents. Because the American people are exhausted. Your trust is broken. And they are looking for a better choice.

Scott Pelley: What influence would a Jewish attitude have on your campaign?

Howard Schultz: I have great faith in the kindness and friendliness of the American people. We have chosen an African American president. I am old enough to remember when John F. Kennedy ran in 1960 and there was a hatred that no one should be Catholic President. I am a Jew, I believe in God. I do not run as a Jew if I choose the president. I live as an American who happens to be a Jew.


Scott Pelley: Your net worth is close to $ 3.5 billion and Forbes would tell you that this is more money than Donald Trump. Do you want to spend what it takes to win?

Howard Schultz: Well, I say it this way, and we will have the resources to do what is necessary.

Scott Pelley: Winning could cost $ 30 million, $ 500 million. Do these numbers change your mind?

Howard Schultz: No.

Scott Pelley: Would you submit your tax returns?

Howard Schultz: 100 percent. Yes.

Scott Pelley: Well, Donald Trump said that.

Howard Schultz: I will. We can do it today if you want Scott.

Decades ago, housewares salesman Howard Schultz fell into the traditions of the Pike Place Market in Seattle. Some traditions are leaner than others. Now he challenges tradition and asks if Americans want to give old politics fresh hands.

Scott Pelley: You know it's on after this interview. President Trump will be tweeting at 8:00 am Eastern Time.

Howard Schultz: You know, I am –

Scott Pelley: I'll say terrible things about you.

Howard Schultz: I think, like most people, I've become bored with President Trump and his tweets.

Produced by Ashley Velie. Associate Producer, Dina Zingaro.

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