Former Starbucks CEO Howard Schultz announces move to Florida
Published on March 11, 2026.
Former Starbucks CEO Howard Schultz has moved to Miami, announcing his retirement from the company. The move comes as a result of a proposed millionaire's tax, which would create a 9.9% tax on households in the state earning more than $1 million. The announcement was made on his Linkedin page. The decision reflects the competitive pressures Seattle faces in retaining and attracting jobs.
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