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Rather than appointing a new CEO for North America, Starbucks announced that Sara Trilling, the company’s North American president, will oversee retail operations across the region. Trilling has ...
Following a successful union vote at Buffalo, New York, locations of the multinational coffeehouse chain Starbucks, multiple other company-owned locations began petitions for union elections. [1] [2] [3] [4]
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Current Starbucks CEO Laxman Narasimhan, who took the helm in late March 2023, will step down immediately. Starbucks CFO Rachel Ruggeri, who has served in the role since 2021, will be interim CEO.
Laxman Narasimhan (born 15 May 1967) [1] is an Indian-born American business executive and former chief executive officer (CEO) of Starbucks and Reckitt. He was previously chief commercial officer (CCO) of PepsiCo. He joined Starbucks as interim CEO in October 2022, and succeeded Howard Schultz as CEO in April 2023.
First joining Starbucks in 2009, Johnson served as president and COO from 2015 to 2017. Following the resignation of Howard Schultz, Johnson was appointed his successor; he served as CEO from 2017 to 2022. Johnson became president and COO of Starbucks in March 2015, remaining on its board.
On August 13, 2024, Niccol was named the incoming chairman and chief executive officer of Starbucks. [34] [35] [36] Niccol replaced Mellody Hobson as the chairman and Laxman Narasimhan as the CEO. [2] On the day of the announcement, shares of Starbucks gained 24.5%. [36] Niccol received a starting salary of $1.6 million and a $10 million ...
Image source: The Motley Fool. Starbucks (NASDAQ: SBUX) Q1 2025 Earnings Call Jan 28, 2025, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...