Starbucks CEO Howard Schultz: 100+ Fellow CEOs To Start Hiring and Stop Giving to Campaigns

Starbucks Corp. (SBUX) Chief Executive Officer Howard Schultz said more than 100 business leaders have joined his pledge to boycott U.S. political campaign donations.

AOL Inc. (AOL) CEO Tim Armstrong, J.C. Penney Co. CEO Myron Ullman, Whole Foods Market Inc. Co-CEO Walter Robb and others have agreed to accelerate hiring and halt campaign giving to incumbents in Washington until Congress finds a solution to the nation’s growing debt, Starbucks said in an e-mailed statement.

Schultz is taking his campaign to the Internet and to Facebook today with the creation of Upward Spiral, “a platform for action inspired by the letter to America from Howard Schultz,” according to the website.