Starbucks announces CEO successor to Howard Schultz

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Starbucks announces CEO successor to Howard Schultz
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Currently set to take over in April of 2023, the 55-year-old businessman has previously been the CEO of consumer goods company Reckitt Benckiser and the CCO of PepsiCo.

Currently set to take over in April of 2023, the 55-year-old Indian American businessman has previously been the CEO of consumer goods company Reckitt Benckiser and the CCO of PepsiCo.“Laxman is 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,” said Mellody Hobson, chair of the Independent Starbucks Board of Directors.

Starbucks today announced that Laxman Narasimhan will become the company’s next chief executive officer, working closely with Howard Schultz, before assuming the role and joining the Board on April 1, 2023.

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