Before officially taking over in april, he will move from london to Seattle, Washington, where he will collaborate closely with Shultz. "Laxman is a motivating boss. He is the perfect candidate to accelerate Starbucks growth and seize the opportunities that lie ahead of us thanks to his extensive, practical experience leading strategic transitions at multinational consumer-facing organisations.
As we position Starbucks for the next 50 years and create value for all of our stakeholders, his grasp of our culture and values, along with his skills as a brand builder, innovation champion, and operational leader, will be true differentiators "Shultz stated. Kevin Johnson, Shultz's hand-picked successor, left the company in april after serving as CEO for five years. Shultz then returned to lead the company as interim CEO while a search for Narasimhan's long-term replacement was conducted.
According to the firm, Shultz will continue to serve on the Starbucks board and "stay closely connected with the company's reinvention and function as a continuing counsellor to Narasimhan." Prior to joining PepsiCo, Narasimhan served as a senior partner at McKinsey & Company and served as the company's worldwide chief commercial officer. He had concentrated on McKinsey's retail, technology, and consumer practises in the US, Asia, and India.
As we position Starbucks for the next 50 years and create value for all of our stakeholders, his grasp of our culture and values, along with his skills as a brand builder, innovation champion, and operational leader, will be true differentiators "Shultz stated. Kevin Johnson, Shultz's hand-picked successor, left the company in april after serving as CEO for five years. Shultz then returned to lead the company as interim CEO while a search for Narasimhan's long-term replacement was conducted.
According to the firm, Shultz will continue to serve on the Starbucks board and "stay closely connected with the company's reinvention and function as a continuing counsellor to Narasimhan." Prior to joining PepsiCo, Narasimhan served as a senior partner at McKinsey & Company and served as the company's worldwide chief commercial officer. He had concentrated on McKinsey's retail, technology, and consumer practises in the US, Asia, and India.
