Starbucks Appoints Chipotle CEO Brian Niccol To Replace Laxman Narasimhan Amid Sales Struggles
Starbucks, the coffee giant, has made this decision to revive flagging sales and appease outside investors.
Aug 13, 2024, 20:40 PM IST
Business Success Story: From Vision To Victory, The Remarkable Success Story Of Laxman Narasimhan
Laxman Narasimhan rose from consultancy at McKinsey to lead global giants like PepsiCo and Reckitt, before taking the helm at Starbucks, known for his operational expertise and turnarounds.
Feb 15, 2024, 14:32 PM IST
Indian-origin Laxman Narasimhan Assumes Role Of Starbucks Chief Executive Officer
Following the global search for the new leader of Starbucks to succeed company founder and now former CEO, Howard Schultz, Narasimhan joined Starbucks as incoming CEO on October 1, 2022 after relocating from London to the Seattle area.
Mar 21, 2023, 11:45 AM IST
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
