New Leadership

Starbucks Replaces CEO Laxman Narasimhan With Chipotle’s Brian Nichol

In a surprising move, Starbucks announced on Tuesday that it is replacing its CEO Laxman Narasimhan after just 16 months. The decision follows dissatisfaction with Narasimhan's performance and a significant drop in sales. Reasons for the Change Narasimhan, who joined Starbucks from Reckitt Benckiser in London, faced challenges in addressing...