“When the Left turns against the most ham-fisted social justice big business, it’s time to throw in the towel.”

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BREAKING: Howard Schultz, architect of modern Starbucks, to step down as executive chair and from the board.

  • Howard Schultz is stepping down from his role as executive chairman of Starbucks, effective June 26.
  • Myron E. Ullman, former chairman and CEO of J.C. Penney was named chair, while Mellody Hobson, president and director of Chicago-based investment management firm Ariel Investments, will be named vice chair.
  • Schultz’s latest leadership transition has sparked speculation about his potential political plans.
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Courtesy of Ashe Schow, who tweets: “When the Left turns against the most ham-fisted social justice big business, it’s time to throw in the towel.”

Indeed.

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h/t SG

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