Starbucks next CEO Laxman Narasimhan will take THIS huge amount as his base salary
Beginning the new innings with Starbucks corps, Laxman Narasimhan will draw $1.3 million as his annual base salary. He will also get some bonuses to chill down the incentives he will be relinquishing by leaving Reckitt Benckiser. These bonuses are $1.5 million cash signing bonus and $9.25 million value replacement equity grant.
Sep 02, 2022, 18:20 PM IST
Indian-origin Laxman Narasimhan named new Starbucks CEO -- Read details here
Narasimhan, 55 was previously the CEO of UK-based Reckitt Benckiser, a multinational consumer health, hygiene and nutrition company. Starbucks announced on Thursday that Narasimhan will become the company's next chief executive officer and a member of the Starbucks Board of Directors.
Sep 02, 2022, 09:37 AM IST
Former Starbucks CEO Howard Schultz abandons US presidency run
Former Starbucks Corp chief executive Howard Schultz has abandoned plans for an independent presidential run, saying he did not want to split the electorate and help re-elect US President Donald Trump in 2020, according to a statement on his website.
Sep 07, 2019, 13:45 PM IST
Starbucks hits back at Trump's order, to hire 10,000 refugees
Global coffee giant Starbucks has said it will hire 10,000 refugees over next five years as it vowed to not "stand silent" in the face of US President Donald Trump's order to ban people from seven Muslim-majority nations and assured it will continue to nurture the human spirit.
Jan 30, 2017, 11:06 AM IST
Tata-Starbucks to serve 'Teavana' in India shortly
The world's largest coffee chain Starbucks sees a "major business opportunity" in the country and will bring its international speciality tea brand Teavana to India this year.
Jan 14, 2016, 17:35 PM IST
Top 10 Business Leaders of 2015
MasterCard's Ajay Banga has been named among the top 10 global business leaders by Fortune magazine, a list that is topped by Nike's Mike Parker.
Dec 17, 2015, 13:28 PM IST
