Starbucks has found its next chief executive — and he’s not a local guy.
Starbucks announced that Laxman Narasimhan will join the company as incoming CEO on October 1, after relocating from London to the Seattle area. Narasimhan will work closely with interim chief Howard Schultz before taking the reins and joining the board on April 1, 2023.
Most recently, Narasimhan served as the CEO of Reckitt, a multinational consumer health, hygiene and nutrition company, where he led the company through a major strategic transformation and a return to sustainable growth.
Source: Chain Store Age
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