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Laxman Narasimhan (born 15 May 1967) [1] is an Indian-American business executive and former chief executive officer (CEO) of Starbucks and Reckitt. He was previously chief commercial officer (CCO) of PepsiCo. He joined Starbucks as interim CEO in October 2022, and succeeded Howard Schultz as CEO in April 2023.
Sep 2, 2022 · It’s been a long time coming, but Starbucks has finally appointed a new Chief Executive Officer, announcing Laxman Narasimhan, CEO of Reckitt Benckiser Group Plc. Last month, the company announced the Board was on track to identify a successor CEO in the coming months.
- Kate Birch
- He's Quadrilingual
- He's Officially Starting Next Year
- He's Taking Over Starbucks at A Tumultuous Time
- He's A Longtime Business Executive
- He's Known as A Turnaround Agent
Narasimhan was born in Pune, India, in 1967. After earning an engineering degree in his hometown, Narasimhan left India at 24 to pursue graduate school in the U.S. He now holds master's degrees in international studies and business administration from the University of Pennsylvania. Along the way, Narasimhan, now 55, learned to speak German, Englis...
Starbucks saidThursday that Narasimhan will join the company October 1. Schultz will remain at the helm for a few months and then move to the company's board of directors. Narasimhan is slated to officially start as CEO next April.
As Narasimhan prepares to lead the company, changes are afoot at the coffee giant. Schultz is in the middle of remaking store layouts, upgrading equipment and bolstering the morale of employees, many of whom came out of the coronavirus pandemicfeeling underappreciated. Many of those workers have decided to unionize — a decision the company's manage...
Narasimhan was most recently the CEO of Reckitt, the company whose brandsinclude Clearasil skin products, Enfamil baby formula, Lysol cleaner and Woolite laundry detergent. Before Reckitt, Narasimhan was the CEO of PepsiCo's Latin America, Europe and Sub-Saharan Africa operations. Narasimhan also worked as a senior partner at the consulting firm Mc...
The business world points to Narasimhan's time at Reckitt as an example of how he can quickly improve the financial position of a company. "He's a true operator and has the DNA of an entrepreneur," Schultz told the New York Times' DealBook. Narasimhan went to Reckitt three years ago, at a time when the company was mired in controversy and was falli...
- khristopher.brooks@paramount.com
- 1 min
Mar 20, 2023 · Laxman Narasimhan officially took over as Starbucks CEO, replacing Howard Schultz. Narasimhan, 55, has spent his career working at McKinsey, PepsiCo, and Lysol-maker Reckitt. He'll now...
- Henry Blodget
Sep 2, 2022 · Starbucks recently announced the appointment of its new Chief Executive Officer (CEO) – Laxman Narasimhan. Currently with Reckitt Benckiser, the Indian-American business executive will take over the coffee giant’s leadership later this year. Here’s a quick look at his credentials and journey so far.
Sep 2, 2022 · The American coffee giant Starbucks on Thursday appointed Indian-origin Laxman Narasimhan as its next Chief Executive Officer (CEO). Narasimhan will replace Howard Schultz, who is the interim...
Nov 22, 2023 · Laxman Narasimhan, Starbucks CEO. In just over a year at the company and eight months into his CEO seat, Narasimhan has already begun to deliver on that promise. The stock is up more than 12%...
