In a Surprise Move, Starbucks Has Named Pune-Born Laxman Narasimhan as Its New Ceo

 


Original Content- Business Upside India 

Indian-origin Laxman Narasimhan is moving from London to Seattle, where Starbucks is headquartered and will start working for the company on 1st October.

Starbucks has appointed a former executive from PepsiCo as its new CEO. The world’s largest coffee corporation, Starbucks, said that Laxman Narasimhan, of Indian descent, has been named the organization’s next CEO. He will start working for Starbucks on October 1 in place of Howard Schultz, who will remain interim CEO through April 2023.

Who is the Owner of Starbucks?

As Starbucks’s CEO, Mr. Narasimhan will step into the shoes of Howard Schultz, who replaced Kevin Johnson last April after the former stepped down.

According to Mr. Schultz in an interview, we were seeking somebody who was a faithful servant leader and had a strong sense of humility. First and foremost, Laxman is a genuine servant leader.

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