Starbucks names Indian-origin Laxman Narasimhan as next CEO
Laxman Narasimhan. Photo: Collected
World’s largest coffee-chain Starbucks has named Indian-origin Laxman Narasimhan as its next chief executive officer.
World's largest coffee-chain Starbucks has named Indian-origin Laxman Narasimhan as its next chief executive officer.
Laxman Narasimhan will be replacing Howard Schultz, the current CEO of the five-decade-old coffee-giant, reports The Hindustan Times.
For all latest news, follow The Daily Star's Google News channel. Starbucks made the announcement yesterday.
Independent Starbucks Board of Director's chair Mellody Hobson in a statement called Laxman Narasimhan an "inspiring leader".
"His deep, hands-on experience driving strategic transformations at global consumer-facing businesses makes him the ideal choice to accelerate Starbucks' growth and capture the opportunities ahead of us," she added.
Narasimhan will take over in April from Howard Schultz.
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