The company said Laxman Narasimhan will work closely with interim CEO Howard Schultz through April 1, then assume the CEO role and join the board.
SEATTLE — Starbucks has named a longtime PepsiCo executive as its new CEO.
The coffee giant said Thursday that Laxman Narasimhan will join Starbucks on Oct. 1 after relocating from London to Seattle, where Starbucks is based.
He will work closely with Starbucks’ interim CEO Howard Schultz through April 1, when he will assume the CEO role and join the company’s board.
Schultz said Narasimhan is “uniquely positioned” to lead the company, with a demonstrated track record
→ Continue reading at KGW TV