Starbucks announced that CEO Laxman Narasimhan is stepping down after a little more than a year in the job.
and disgruntled investors, said Tuesday that CEO Laxman Narasimhan is stepping down after a little more than a year in the job.
But investors quickly soured on Narasimhan as the company’s sales weakened and it dealt with multiple issues, including competition from lower-cost competitors in China andMellody Hobson, the chair of Starbucks’ board of directors, said Niccol has transformed Chipotle since becoming its CEO in 2018 by focusing on menu innovation, operational excellence and digital transformation.
Sports Weather Traffic Talk And Community. Home Mynorthwest.Com
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian NiccolStarbucks announced Tuesday it’s replacing CEO Laxman Narasimhan with Chipotle CEO Brian Niccol. Shares of Starbucks rose 10% in premarket trading on the…
Read more »
Starbucks CEO Laxman Narasimhan exits after sales struggles; Chipotle’s Brian Niccol to take overRob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
Read more »
Starbucks names Chipotle's Brian Niccol as CEO; Chipotle stock tumblesStarbucks names Chipotle's Brian Niccol as CEO; Chipotle stock tumbles
Read more »
Starbucks replaces its CEO, names Chipotle chief to head the companyStarbucks, struggling with weak demand and disgruntled investors, said that CEO Laxman Narasimhan is stepping down after a little more than a year in the job.
Read more »
Starbucks replaces its CEO, names Chipotle chief to head the companyStarbucks, struggling with weak demand and disgruntled investors, said Tuesday that CEO Laxman Narasimhan is stepping down after a little more than a year in the job
Read more »
Starbucks replaces its CEO, names Chipotle chief to head the companyThe Seattle coffee giant said Brian Niccol, the chairman and CEO of Chipotle, will become Starbucks' chairman and CEO on Sept. 9.
Read more »