Starbucks announced that Laxman Narasimhan has assumed the role of chief executive officer and will join the company’s board of directors. Narasimhan was named incoming ceo on September 1, 2022, succeeding company founder and now former ceo, Howard Schultz. Following the global search for the new leader of Starbucks, Narasimhan joined the company as incoming ceo…
Tag: Starbucks
Starbucks names Laxman Narasimhan as next CEO
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•Starbucks announced that Laxman Narasimhan will become the company’s next chief executive officer and a member of the Starbucks Board of Directors. Narasimhan will join Starbucks as incoming ceo on October 1, 2022 after relocating from London to the Seattle area and will work closely with Howard Schultz, interim ceo, before assuming the ceo role…
Starbucks appoints Mellody Hobson as Non-Executive Chair of the Board
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•Starbucks Corporation has announced that Mellody Hobson will serve as the company’s next non-executive chair of its board of directors starting in March 2021. Hobson, who first joined the board as an independent director in 2005 and was appointed as the board’s independent vice chair in 2018, will succeed Myron E. Ullman. Ullman, who has…
Coronavirus Outbreak: Corporations temporarily suspending operations in China
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•Amidst a global fear of the flu-like Coronavirus, many corporations around the world have decided to temporarily shut their operations in China. With the virus spreading fast, an alarm has been set off across the globe with companies shutting their stores, putting travel restrictions on employees and warning of a financial hit from slowing business…