Starbucks Global CEO Laxman Narasimhan discussed with CNBC-TV18’s Shereen Bhan the plan to get to 55,000 stores over the course of the next five years, with three out of the four stores being ...

Laxman Narasimhan is stepping down as CEO of Starbucks, just 17 months after he assumed the role in March 2023, the coffee ...

and Laxman Narasimhan didn’t even make it a year and a half at Starbucks before the board pushed him out in August as activists circled and the stock price cratered. That same month, David ...

At Starbucks, he’s been awarded $96 million in compensation as of January, compared with $22 million for his predecessor, Laxman Narasimhan. Advertising And while Starbucks asks headquarters ...

Starbucks CFO Rachel Ruggeri is exiting stage left as CEO Brian Niccol continues to shake up the company. On Tuesday, Niccol shared that 20-year veteran Ruggeri plans to leave the company in a ...

Starbucks said Ruggeri, who spent nearly two decades at the coffee chain and stepped in briefly as interim chief executive last year after the company ousted Laxman Narasimhan, is leaving ...

Niccol joined the company in September, after the brief tenure of Laxman Narasimhan, during which the company struggled with slumping sales. Niccol is one of the highest-paid CEOs in the country ...

With this appointment, the company aims at overcoming the not-so-successful management of Laxman Narasimhan. The new CEO's salary of US$1.6 million per year would be one of the highest among US ...