Former Starbucks chief executive Howard Schultz announces he will not run for president - FLASHGLITZBLOG

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Friday, September 6, 2019

Former Starbucks chief executive Howard Schultz announces he will not run for president

Former Starbucks CEO Howard Schultz told his supporters in a letter that he found it tougher than he expected to capture the attention of moderate voters and that he didn’t want to risk reelecting President Trump. (Richard Drew/AP)

Former Starbucks CEO Howard Schultz formally abandoned his pursuit of an independent campaign for president Friday, telling his supporters in a letter that he found it tougher than he expected to capture the attention of moderate voters and that he didn’t want to risk reelecting President Trump.

Schultz’s decision, after spending months away from public life because of health issues, will come as a relief to Democratic leaders, who feared an independent candidacy by a self-funded billionaire would hobble their eventual nominee. Despite growing frustration with the country’s politics, his aborted run serves as a cautionary tale about the resiliency of the country’s two-party political system.

In a three-page letter to supporters Schultz outlined his reasons for abandoning his presidential bid and sketched his plans for the future. Moderate voters, who he had hoped would have been his constituency, have “largely tuned out of political life,” he wrote, and many other potential supporters would not back him because of their concern that he would aid Trump’s reelection.

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