Starbucks has appointed Laxman Narasimhan as the next chief executive officer and a member of the Starbucks Board of Directors. He will work closely with the interim CEO, Howard Schultz, before taking charge as CEO role. Howard Schultz will continue as interim CEO until April 1, 2023.
Prior to this, he served as global chief commercial officer at PepsiCo; worked as a senior partner at the consulting firm McKinsey & Company; served as CEO in Reckitt.