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Starbucks appoints Laxman Narasimhan as new CEO


Starbucks appoints Laxman Narasimhan as new CEO

Earlier on Thursday, Reckitt Benckiser said that Laxman Narasimhan will step down as CEO.

Washington:

Starbucks on Thursday appointed Laxman Narasimhan as the new CEO of the coffee chain, effective October 1.

Mr. Narasimhan will replace Howard Schultz, who will continue as interim president until April next year and will remain with Starbucks as advisor until 2023.

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Earlier on Thursday, Reckitt Benckiser said Mr Narasimhan will step down as CEO of the London-listed company at the end of September.

(Except for the headline, this story has not been edited by the NDTV crew and is published from a syndicated feed.)



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