Starbucks CEO announces $30-million effort to help veterans

Starbucks CEO Howard Schultz will donate $30 million to help veterans.
Starbucks CEO Howard Schultz will donate $30 million to help veterans.
(Ted S. Warren / Associated Press)

Starbucks Chief Executive Howard Schultz has announced that he will donate $30 million to benefit the 2.5 million U.S. soldiers who have served in Iraq and Afghanistan.

The money will go toward job training, and research and treatment for those suffering brain trauma or post-traumatic stress syndrome.

“The truth of the matter is, and I say this with respect, more often than not, the government does a very -- a much better job of sending people to war than they do bringing them home,” Schultz told CBS News. “They’re coming home to an American public that really doesn’t understand, and never embraced, what these people have done.”

Schultz has previously expressed a value for the type of life and management skills you develop as a soldier. Last year, he announced a five-year plan to hire 10,000 veterans or their spouses.


The news of the donation comes shortly after Schultz announced a partnership with Oprah Winfrey to make a line of Oprah Chai Tea for Teavana.

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