During the annual Starbucks shareholder meeting, CEO Howard Shultz sent a message to everyone who buys coffee at the large chain. If you support traditional marriage over gay marriage, Starbucks doesn’t want your business.
Because Starbucks aims to “embrace diversity of all kinds,” Shultz told a specific shareholder, who supports traditional marriage, he should sell his shares and go to another company.
A Forbes report stated that Shultz seemed extremely intolerant of any shareholder who opposed gay marriage.
During the meeting, Tom Strobhar, founder of the Corporate Morality Action Center and Starbucks shareholder, pointed out that when Starbucks backed gay marriage in Washington State, traditional marriage supports boycotted the coffee store and sales venues dropped.
When Strobhar mentioned the facts, Schultz responded by telling him to sell his shares and invest in another company.