Laxman Narasimhan

2022 - 9 - 2

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Image courtesy of "The Hindu BusinessLine"

Laxman Narasimhan is the new CEO of Starbucks (The Hindu BusinessLine)

Starbucks today announced that Laxman Narasimhan will become the company's next chief executive officer and a member of the Starbucks Board of Directors.

He has an MA in German and International Studies from The Lauder Institute at The University of Pennsylvania and an MBA in Finance from The Wharton School of The University of Pennsylvania. Prior to PepsiCo, Narasimhan was a senior partner at McKinsey & Company, where he focused on its consumer, retail and technology practices in the U.S., Asia and India and led the firm’s thinking on the future of retail. Starbucks today announced that Laxman Narasimhan will become the company’s next chief executive officer and a member of the Starbucks Board of Directors. He will remain closely involved with the company’s Reinvention and act as an ongoing advisor to Narasimhan. The perspectives he brings will be a strong asset as we build on our heritage in this new era of greater well-being. His understanding of our culture and values, coupled with his expertise as a brand builder, innovation champion, and operational leader will be true differentiators as we position Starbucks for the next 50 years, generating value for all our stakeholders.

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Meet Indian-origin Laxman Narasimhan, the new CEO of Starbucks (India Today)

Coffee giant Starbucks on Thursday named Laxman Narasimhan as its next chief executive officer.

He also has a master's in business administration degree from the University of Pennsylvania’s Wharton School. Starbucks said that Laxman Narasimhan will join the company on October 1 but will take the helm in April 2023. Laxman Narasimhan was the CEO of Reckitt, which also makes Durex condoms, Enfamil baby formula and Mucinex cold syrup.

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Image courtesy of "Business Today"

Starbucks appoints Indian-origin executive Laxman Narasimhan as ... (Business Today)

Before Starbucks, Laxman Narasimhan was the CEO of Reckitt, a multinational consumer health, hygiene and nutrition company. The announcement of Narasimhan's ...

Schultz called Narasimhan the “right leader to take Starbucks into its next chapter”. Narasimhan is a Mechanical Engineering graduate from the College of Engineering, University of Pune, India. Before that, Narasimhan was a senior partner at McKinsey & Company, where he focused on its consumer, retail and technology practices in the US, Asia and India. Commenting on the appointment, Narasimhan said, “Starbucks' commitment to uplift humanity through connection and compassion has long distinguished the company, building an unrivaled, globally admired brand that has transformed the way we connect over coffee. He will also visit Starbucks stores, manufacturing plants, and coffee farms, it said. Narasimhan has 30 years of experience in leading and advising global consumer-facing brands.

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Starbucks names Laxman Narasimhan as next CEO (The Hindu)

Indian-origin Laxman Narasimhan will join Starbucks on October 1 after relocating from London to Seattle, where Starbucks is based.

Mr. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. He also has a master's in business administration from the University of Pennsylvania's Wharton School. Starbucks announced a $1 billion investment in employee wages and benefits last fall and added $200 million more for pay, worker training and other benefits in May. Reckitt had announced Mr. Schultz said Mr. sales made up for continuing closures in China, the company's second-largest market. Starbucks reported record demand in the April-June period as strong U.S. Schultz has been working on a plan to remake store layouts, upgrade equipment and bolster employees, who came out of the pandemic feeling harassed and underappreciated. He also served as CEO of the company’s Latin America, Europe and Sub-Saharan Africa operations. Narasimhan held various leadership roles at PepsiCo, including as global chief commercial officer. Schultz said in a statement.

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Starbucks Corp names former Reckitt head Laxman Narasimhan as ... (Business Standard)

Narasimhan was CEO of Reckitt, which also makes Durex condoms, Enfamil baby formula and Mucinex cold syrup.

More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Narasimhan's global perspectives as a CEO of a public multinational corporation and background in beverages at PepsiCo will serve Starbucks well into the next chapter," Cowen analyst Andrew Charles wrote in a note. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. The company is also reworking its business model from a focus on cafes that encouraged long visits to mobile pickup and delivery, while facing higher costs for ingredients and labor.

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Starbucks names Indian-origin Laxman Narasimhan as new CEO. 5 ... (Hindustan Times)

Coffee giant Starbucks has named Indian-origin Laxman Narasimhan as its new Chief Executive Officer who will replace Howard Schultz. | World News.

German airlines major Lufthansa is expected to cancel 800 flights on Friday after the pilots' union announced a one-day strike, starting at midnight, over non-approval of salary hike. That report found that “serious human rights violations have been committed” in Xinjiang “in the context of the Government's application of counter-terrorism and counter-'extremism' strategies”. The department's chief medical adviser Dr Supriya Sharma described it as “essentially two vaccines in one”. Present CEO Howard Schultz said, “When I learned about Laxman’s desire to relocate, it became apparent that he is the right leader to take Starbucks into its next chapter. Independent Starbucks Board of Director's chair Mellody Hobson in a statement called Laxman Narasimhan an “inspiring leader”. Narasimhan will be joining the company on October 1.

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Laxman Narasimhan, New Starbucks Head, Joins List Of Indian ... (NDTV Profit)

Pune University Engineering graduate Laxman Narasimhan has been named as the new CEO of coffee giant Starbucks adding to the long list of Indian-origin ...

Mr Narasimhan holds a degree in Mechanical Engineering from the College of Engineering, University of Pune. Prior to PepsiCo, Mr Narasimhan was a senior partner at McKinsey & Company, where he focused on its consumer, retail and technology practices in the U.S., Asia and India and led the firm's thinking on the future of retail. The newly-appointed chief Mr Narasimhan brings nearly 30 years of experience leading and advising global consumer-facing brands.

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Who is Laxman Narasimhan? Starbucks appoints Indian-origin ... (Jagran Josh)

Laxman Narasimhan is an Indian-American business executive who has been appointed as the Starbucks CEO.

Laxman Narasimhan is an Indian-American business executive who was the Chief Executive Officer of Reckitt Benckiser and was previously the Chief Commercial officer of PepsiCo. Laxman Narasimhan is a Mechanical Engineering graduate from the College of Engineering, University of Pune, India. Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington, and is the world's largest coffeehouse chain. He has served as a member of the UK Prime Minister's Build Back Better Council and is a member of Verizon's Board of Directors. The new Starbucks CEO is also a trustee of the Brookings Institution and a member of the Council on Foreign Relations. Before Starbucks, Laxman Narasimhan was the Chief Executive Officer of Reckitt, a multinational consumer health, hygiene, and nutrition company.

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Image courtesy of "ABP News"

Starbucks New CEO: भारतीय मूल के लक्ष्मण नरसिम्हन बने स्टारबक्स ... (ABP News)

कॉफी की दिग्गज कंपनी स्टारबक्स के CEO की जिम्मेदारी अब भारतीय मूल के लक्ष्मण नरसिम्हन ...

55 वर्षीय नरसिम्हन हाल ही में यूके बेस्ड कंज्यूमर, हेल्थ, हाइजीन और न्यूट्रिशन कंपनी रेकिट (Reckitt) के सीईओ थे, जो अन्य उत्पादों के बीच लाइसोल क्लीनर और एनफैमिल फॉर्मूला बनाती है. रिपोर्ट के मुताबिक नरसिम्हन विश्व की सबसे बडी कॉफी सीरीज कंपनी में सीईओ के तौर पर कई जिम्मेदारियों को निभाएंगे. वह 1 अक्टूबर को लंदन से सिएटल स्थानांतरित होने के बाद स्टारबक्स में शामिल होंगे.

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Laxman Narasimhan बने Starbucks के नये CEO, जानें इनसे जुड़ी खास बातें (प्रभात खबर)

Starbucks CEO Laxman Narasimhan: Starbucks ने भारतीय मूल के Laxman Narasimhan को अपने नये CEO के रूप में नियुक्त ...

नरसिम्हन ने कंपनी के लैटिन अमेरिका, यूरोप और उप-सहारा अफ्रीका के संचालन के सीईओ के रूप में भी काम किया है और पहले भी PepsiCo लैटिन अमेरिका के CEO और PepsiCo अमेरिका फूड्स के CFO के रूप में भी काम किया है. लक्ष्मण नरसिम्हन सितंबर 2019 में रेकिट में शामिल हुए और 1999 में लॉन्च होने के बाद से कंपनी में पद संभालने वाले पहले बाहरी उम्मीदवार बने. कंपनी के अनुसार, Narasimhan लंदन से सिएटल क्षेत्र में स्थानांतरित हो जाएंगे और 1 अक्टूबर को आने वाले CEO के रूप में स्टारबक्स में शामिल होंगे.

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Starbucks New CEO: भारतीय मूल के लक्ष्मण नरसिम्हन होंगे स्टारबक्स ... (दैनिक जागरण)

अमेरिका की बहुराष्ट्रीय कंपनी कॉफी कंपनी स्टारबक्स ने भारतीय मूल के लक्ष्मण नरसिम्हन ...

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Starbucks CEO: इंटरनेशनल कंपनी में फिर बजा भारतीय टैलेंट का डंका, अब ... (Zee News Hindi)

Starbucks Names Laxman Narasimhan As New CEO: एक और भारतीय ने अपने टैलेंट से इंटरनेशनल कंपनी का शीर्ष पद ...

रिपोर्ट के मुताबिक, स्टारबक्स कॉर्प ने गुरुवार को भारतीय मूल के लक्ष्मण नरसिम्हन को अपना अगला चीफ एग्जिक्यूटिव ऑफिसर (सीईओ) नियुक्त किया है. उन्होंने कोरोना महामारी से कंपनी का नेतृत्व किया और कंपनी को बुलंदियों पर ले गए. नरसिम्हन इससे पहले रेकिट के सीईओ थे, जो ड्यूरेक्स कंडोम, एनफैमिल बेबी फॉर्मूला और म्यूसिनेक्स कोल्ड सिरप भी बनाती है.

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