Survey on Laxman Narasimhan Appointed as the New CEO of Starbucks

On September 1, Starbucks announced that Laxman Narasimhan will become the company’s next chief executive officer (CEO) and a member of the Starbucks Board of Directors in October this year. Laxman Narasimhan, born on April 15, 1967, is an Indian-American business executive who was a chief commercial officer (CCO) of PepsiCo and CEO of Reckitt. He holds a degree in Mechanical Engineering from the College of Engineering, University of Pune, India.

In detail, Narasimhan will join Starbucks as an upcoming CEO on October 1 after relocating from his residence in London to the Seattle area and will work closely with Howard Schultz, the interim CEO, before accepting the CEO role and joining the Board on April 1, 2023.

During Narasimhan’s training period, he will be fully immersed in the company, spending time with Schultz, the management team, partners, and customers, and gaining an in-depth exploration of the brand and its culture. Moreover, Schultz will remain as the interim CEO during Narasimhan’s transition period. Schultz will remain closely involved with the company’s reinvention and act as an ongoing advisor to Narasimhan.

Mellody Hobson, Independent Starbucks Board of Directors chair, commented on Narasimhan:

“Laxman is an inspiring leader. His understanding of our culture and values, coupled with his expertise as a brand builder, innovation champion, and operational leader, will be differentiators for Starbucks.”

Additionally, Schultz commented:

“When I learned about Laxman’s desire to relocate, it became apparent that he is the right leader to take Starbucks into its next chapter. He’s uniquely qualified to shape this work and lead the company forward with his partner.” Real Research launched a Survey on Laxman Narasimhan Appointed as the New CEO of Starbucks. The survey aims to determine what the public thinks about this decision.

Hence, hurry and answer the survey on Laxman Narasimhan appointed as the new CEO of Starbucks on the Real Research app from September 9. Afterward, you will receive 25 TNCs as a reward.