Laxman Narasimhan: The New CEO of Starbucks
From Reckitt to Starbucks
Laxman Narasimhan, the former CEO of Reckitt, has been appointed as the CEO of Starbucks. Narasimhan will join Starbucks on October 1, 2022, after relocating from London to the Seattle area.
Narasimhan's Experience
With nearly 30 years of experience leading and advising global consumer goods businesses, Narasimhan is a highly trusted leader. He has held various leadership positions at Reckitt, including Chief Executive Officer, Chief Commercial Officer, and President of its Health and Nutrition business. Narasimhan also has a deep understanding of the consumer goods industry, having worked at PepsiCo and Unilever prior to joining Reckitt.
Starbucks' Restructuring
Narasimhan's appointment is part of a broader restructuring at Starbucks. The company has been facing challenges in recent years, including declining sales and increased competition. Narasimhan's experience in the consumer goods industry is expected to help Starbucks navigate these challenges and regain its position as a leading global coffeehouse.
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