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Laxman Narasimhan
Also Known As Narasimhan
CEO of Starbucks
Laxman Narasimhan is an Indian-American business executive, and CEO of Starbucks, Inc.(SBUX)
He was chief commercial officer of PepsiCo, and chief executive officer of Reckitt. He joined Starbucks as interim CEO in October 2022, and succeeded Howard Schultz as CEO in April 2023
Narasimhan worked for McKinsey for 19 years until 2012, rising to director and location manager for their New Delhi office.[5] In 2012, he joined PepsiCo, rising to chief commercial officer.
Narasimhan succeeded Rakesh Kapoor as CEO of Reckitt Benckiser in September 2019, formulating a turnaround plan which was intended to rejuvenate the company "following a series of missteps and lacklustre growth that marked the final years of his predecessor". However, in September 2022 the company unexpectedly announced his resignation, citing "personal and family reasons".
On September 1, 2022, Starbucks announced that Narasimhan would become the company's next CEO. He succeeded Howard Schultz, who had served as interim CEO since Kevin Johnson resigned in March 2022
Early Life
Narasimhan was born on May 15, 1967 in Pune, India into a Maharashtrian Hindu family. He earned a degree in mechanical engineering from the College of Engineering, Pune, 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 at the University of Pennsylvania.
Narasimhan is married, with two children, and lives in Greenwich, Connecticut. He speaks six languages.
Education
- Degree in mechanical engineering - College of Engineering, Pune
- MA in German and International Studies - Lauder Institute at the University of Pennsylvania
- MBA in Finance - Wharton School at the University of Pennsylvania
Career
- Starbucks - CEO