Starbucks CEO Told Christian Shareholders To Buy Stocks Elsewhere-
Summary of the eRumor: This is a forwarded email that
says Howard Schultz, the Chief Executive Officer of Starbucks, told
shareholders that if they did not like the company's stance on
gay marriage they are welcome to find another company to invests their money.
Howard Schultz, the Chief Executive Officer of
Starbucks, told shareholders that if they could find a better return on
their investment that they are welcome to "buy shares in another
company" but from the transcript and video it is not evident that he was
targeting Christians in his statement. This according to a
March 24, 2013 article in The Blaze.
The article said that during his shareholder address in Seattle,
Washington on March 20, 2013 Schultz told all present that the company
employs "200,000 people, and we want to embrace diversity. Of all
kinds.” Schultz told stockholders, “If you feel,
respectfully, that you can get a higher return than the 38% you got last
year, it’s a free country.” He added, “You can sell your
shares in Starbucks and buy shares in another company."
The article said that the statement came after the CEO was asked by the
founder of Corporate Morality Action Center, Thomas Strobhar, if
Starbucks might want to backtrack on their gay marriage stance after a
recent boycott by the National Organization for Marriage.
According to the Corporate Morality Action Center
Stobhar established his organization to "address the great ethical
issues of our day, especially as they apply to one of the most
influential groups in our culture, corporations. Issues like abortion,
the sacredness of marriage between a man and a woman, and pornography
are all affected by the actions of corporations and their owners, the
Video found on YouTube
A real example of the eRumor as it has
appeared on the Internet:
Starbucks CEO to Christian
shareholders: Buy stock elsewhere
At the annual shareholder's meeting on Wednesday, Starbucks CEO, Howard
Shultz, told Christians, and all who believe that marriage is the union
of one man and one woman for life, "we don't want your business".