Who is Laxman Narasimhan, the Starbucks’ new CEO?

2 September 2022 (New Delhi): Starbucks has appointed Laxman Narasimhan as their new Chief Executive Officer (CEO). Reckitt, which also manufactures Durex condoms, Enfamil infant formula, and Mucinex cold syrup, was led by Laxman Narasimhan as CEO. Howard Schultz has been replaced by the 55-year-old, who most recently served as PepsiCo’s global chief commercial officer.
 
Laxman Narasimhan will begin working for Starbucks on October 1 but won’t assume leadership until April 2023, according to Starbucks. Up until that time, Laxman Narasimhan will collaborate closely with interim CEO Howard Schultz and will serve as the company’s leader. In a letter formally congratulating Narasimhan, Schultz described him as “a strategic and transformational leader with vast experience in establishing successful consumer brands.”

Education and corporate life experience

Laxman Narasimhan earned his undergraduate degree from the University of Pune and his master’s degree in German and international studies from the Lauder Institute at the University of Pennsylvania. He is a graduate of the University of Pune. He also holds a master’s degree in business management from the Wharton School of the University of Pennsylvania.

The COVID-19 epidemic, which increased demand for Reckitt’s health and hygiene goods, was managed by him after he joined the firm in September 2019. He oversaw operations in Latin America, Europe, and Sub-Saharan Africa while serving as PepsiCo’s worldwide chief commercial officer.
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