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Starbucks chairman Howard Schultz will step down later this month, the coffee chain he turned into a global giant.
Schultz, who has been outspoken on political and social issues, has long attracted speculation that he will run for office, potentially as a Democratic presidential candidate in 2020.
In a memo to staff, he did little to squash those rumours.
“I’ll be thinking about a range of options for myself, from philanthropy to public service, but I’m a long way from knowing what the future holds,” Schultz said in the memo.
Schultz joined Starbucks in 1982 and has overseen the company’s global expansion. The company has more than 28,000 locations across the world and are very popular.
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