New Starbucks CEO Laxman Narasimhan takes over for Howard Schultz

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New Starbucks CEO Laxman Narasimhan takes over for Howard Schultz
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Laxman Narasimhan took over as the CEO of Starbucks two weeks earlier than expected. It comes just before Howard Schultz is set to appear before a U.S. Senate committee next week.

Strategic Resource Group managing director Burt Flickinger on which businesses are struggling with pandemic exit strategies.on Monday, two weeks ahead of schedule. The move comes as former chief executive Howard Schultz prepares to appear before a Senate committee that's been looking into the coffee giant's response to the widespread unionization campaign.

Laxman Narasimhan, chief executive officer of Latin America at PepsiCo Inc., speaks during the CEO Summit of the Americas in Lima, Peru, on Friday, April 13, 2018. Schultz is slated to testify on March 29 before the Senate Committee on Health, Education, Labor and Pensions. push even before Schultz took the reins temporarily last year. More than 280 Starbucks stores have voted to unionize since 2021 with hopes of attaining, in part, better pay, better schedules and safer stores.

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