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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.
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 ...
Howard D. Schultz (born July 19, 1953) [2] is an American businessman and author who was the chairman and chief executive officer of Starbucks from 1986 to 2000, from 2008 to 2017, and interim CEO from 2022 to 2023.
Laxman Narasimhan is officially CEO of Starbucks. In a letter to employees, he said his focus is on "long-term sustainable growth" for the coffee chain.
Luring a CEO from another company to execute a turnaround is pretty expensive. Starbucks announced on Wednesday that it would offer new CEO Brian Niccol, 50, roughly $113 million in total ...
The new CEO's approached provided "a clear and detailed vision for the future, and aspirational, like the Starbucks brand when at its best," Morgan Stanley wrote in a note, according to Investing ...
Kevin R. Johnson (born October 9, 1960) is an American businessman and software engineer who was the president and chief executive officer (CEO) of Starbucks Coffee Company from 2017 to 2022. Succeeding Howard Schultz as CEO, Johnson previously was the company's president and chief operating officer from 2015 to 2017. On March 16, 2022, Johnson ...
Laxman Narasimhan, who took over as Starbucks CEO in March 2023, is exiting the company. People stand outside a Starbucks in Los Angeles, on July 12, 2022. -