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11 Facts About Laxman Narasimhan

1.

Laxman Narasimhan was born on 15 May 1967 and is an Indian-born American business executive and former chief executive officer of Starbucks and Reckitt.

2.

Laxman Narasimhan was previously chief commercial officer of PepsiCo.

3.

Laxman Narasimhan joined Starbucks as interim CEO in October 2022, and succeeded Howard Schultz as CEO in April 2023.

4.

Laxman Narasimhan was ousted by the board of Starbucks in August 2024.

5.

Laxman Narasimhan earned a degree in mechanical engineering from the College of Engineering, Pune, an MA in international studies from the Lauder Institute at the University of Pennsylvania, and an MBA in finance from the Wharton School, at the University of Pennsylvania.

6.

Laxman Narasimhan worked for McKinsey for 19 years until 2012, rising to director and location manager for their New Delhi office.

7.

Laxman Narasimhan succeeded Rakesh Kapoor as CEO of Reckitt Benckiser in September 2019, formulating a turnaround plan which was intended to rejuvenate the company "following a series of missteps and lacklustre growth that marked the final years of his predecessor".

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Howard Schultz
8.

In September 2022, Starbucks announced that Laxman Narasimhan would become the company's next CEO.

9.

Laxman Narasimhan succeeded Howard Schultz, who had been interim CEO since Kevin Johnson resigned in March 2022.

10.

Laxman Narasimhan made headlines for saying he never works past 6 pm.

11.

Laxman Narasimhan is married with two children, and lives in Greenwich, Connecticut.