Indian-origin Laxman Narasimhan has served as chief executive of the maker of Lysol and Enfamil baby formula, UK-based Reckitt Benckiser Group PLC
UK-based 55-year-old Laxman Narasimhan will take over as CEO of Starbucks on October 1, replacing Howard Schultz, who will continue as interim chief until April 2023.
Indian-origin Laxman Narasimhan has served as chief executive of the maker of Lysol and Enfamil baby formula, UK-based Reckitt Benckiser Group PLC.
“We really do believe that we have found an exceptional individual to be our next CEO. He’s a tested leader,” Starbucks board Chairwoman Mellody Hobson said, according to a report in The Wall Street Journal.
Narasimhan will relocate from London to the Seattle area and join Starbucks as incoming CEO. The report mentioned that Narasimhan will take over the world’s largest coffee chain and navigate it in a changing business landscape.
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