Laxman Narasimhan is stepping down as CEO of Starbucks, just 17 months after he assumed the role in March 2023, the coffee giant announced on Tuesday. Chipotle CEO Brian Niccol is set to take over ...

Starbucks announced on Tuesday that Brian Niccol, the current CEO of Chipotle, will take over as its new chief executive. This change comes just over a year after Laxman Narasimhan assumed the ...

CEO, Laxman Narasimhan, for his handling of the company’s falling stock performance. What Happened: On Monday, Moglia expressed his views during “Last Call” by CNBC. He highlighted a recent ...

While the company itself hasn't officially confirmed any details yet, CEO Laxman Narasimhan confirmed the impending arrival of the new products, which have been an ongoing rumor around Starbucks ...

Starbucks said its CEO Laxman Narasimhan is out at the coffee company and will be replaced by Chipotle Mexican Grill CEO and chairman Brian Niccol. Narasimhan's exit is effective immediately.

This pattern has continued in 2024. Last month, Starbucks CEO Laxman Narasimhan stepped down after about 17 months in the role. His tenure was tainted by public criticism from longtime CEO Howard ...

citing long wait times of product and availability,” then-Starbucks CEO Laxman Narasimhan said during the company’s Q2 earnings call in May. Just months later in August, Starbucks announced ...

Niccol, who replaced former CEO Laxman Narasimhan in August, is trying to boost profitability and create a better environment for workers.

Starbucks CEO Laxman Narasimhan made a similar observation during his company's earnings call, also on Tuesday. "We continue to feel the impact of a more cautious consumer, particularly with our ...

Despite officially starting his tenure at Starbucks in September, the company's new CEO was awarded nearly $100 million in ...