Starbucks replaces its CEO, names Chipotle chief to head the company

2024-12-24 07:01:20 source: category:News

Starbucks said Tuesday that CEO Laxman Narasimhan is stepping down after a little more than a year in the job.

The Seattle coffee giant said Brian Niccol, the chairman and CEO of Chiptole, will become Starbucks’ chairman and CEO on Sept. 9.

Narasimhan became Starbucks’ CEO in March 2023.

More:News

Recommend

Minnesota man is free after 16 years in prison for murder that prosecutors say he didn’t commit

MINNEAPOLIS (AP) — A Minnesota man was released from prison after serving 16 years for a murder he d

Hiker rescued from 90 mph winds, frigid cold temps at New Hampshire's Mount Washington

A solo hiker was rescued from the western slope of New Hampshire's Mount Washington, in an operation

Jason and Travis Kelce Address Kansas City Super Bowl Parade Shooting

Travis Kelce and Jason Kelce's hearts are with the people of Kansas City.The Chiefs tight end and th