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Narasimhan joined Starbucks in March 2023 after founder Howard Schultz stepped down as interim CEO for the third time. In 2023, Narasimhan’s total pay package was valued at $14.6 million.
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. -
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 ...
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.
Starbucks CEO Laxman Narasimhan is stepping down immediately after just a year in the role, the company announced Tuesday. Starbucks’ CEO is out. Chipotle’s Brian Niccol is taking over
Starbucks said on Monday it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his turnaround efforts at the coffee chain, which has been struggling with falling sales.
Investors in Starbucks (NASDAQ: SBUX) and Chipotle (NYSE: CMG) were met with a bit of a shock recently when it was announced that Chipotle CEO Brian Niccol would be leaving the company and taking ...
Incoming Starbucks CEO Brian Niccol will be expected to report to the company's Seattle headquarters three times a week, just like other employees.. But while other workers will commute by car or ...