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Starbucks CEO Says Hillary Clinton Will Win The Election

October 19, 2016, 2:38 PM UTC
Starbucks CEO Howard Schultz attends the AOL Build Speaker Series to discuss the Starbucks original content series 'Upstanders' at AOL HQ on September 7, 2016 in New York City. Democratic presidential nominee and former Secretary of State Hillary Clinton is seen during a campaign rally with former Vice President Al Gore at the Miami Dade College - Kendall Campus, Theodore Gibson Center on October 11, 2016 in Miami, Florida.
Photos by Mike Pont/WireImange & Alexander Tamargo—Getty Images

Starbucks (SBUX) CEO Howard Schultz says he knows who Americans will elect for president.

“I am confident that Hillary Clinton will become the next president of the United States,” Schultz said in an interview with CNN. “When all is said and done, Hillary will be the most qualified and she will do a great job as the next president.”

The coffee giant CEO’s prediction isn’t too bold considering where the polls stand just 19 days before voters head to the voting booth. The New York Times says Clinton has a 92% chance to win the election. Influential political blog FiveThirtyEight puts her chances at 87.7%.


In the video interview, CNN also asked Schultz what he would have said if Clinton had asked him to join the Democratic ticket as her vice president. Schultz admitted he would “dodge” that question—only saying he wasn’t seeking political office “at this time in my life.”

“I don’t think this is my time to be in the political arena,” he added.

Schultz went public last month with his presidential endorsement, officially backing Clinton. His support is one of many public stances that show he’s not a typical CEO: The Starbucks CEO is more vocal than most top executives about social and political issues.

Schultz has also been highly vocal about the mood of the nation in his conference call presentations with Wall Street analysts. This summer, for example, he cited an uncertain election and other factors as weighing on consumers. But while some restaurant chains have blamed the election for poor sales, Schultz said underperformance in the U.S. market for the most recent quarter was because of execution issues.