August 25, 2011 •
Starbucks CEO Halts Campaign Contributions
100 other CEOs follow suit
The Wall Street Journal reported last night that Starbucks CEO Howard Schultz will not give a penny in campaign contributions to incumbents until Congress comes up with a long-term solution to the debt problem. According to the article, 100 other heads of corporations have joined him in that pledge.
Schultz also made a plea to business leaders to start hiring again.
In “Starbucks CEO: Pledge to Halt Campaign Donations Gains Steam,” Julie Jargon names a few of the other CEOs following Schultz in the promise.
Could a movement be brewing?
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