Jump to content

Laxman Narasimhan

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by BattyBot (talk | contribs) at 18:00, 21 November 2022 (→References: Removed Category:Year of birth missing (living people) and General fixes). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Laxman Narasimhan
Born (1967-05-15) 15 May 1967 (age 57)
Pune, India
EducationSavitribai Phule Pune University (BEng)
University of Pennsylvania (MA, MBA)
TitleCEO-designate of Starbucks
PredecessorHoward Schultz (acting)
Kevin Johnson
Children2

Laxman Narasimhan (born 15 April 1967)[1] is an Indian-American business executive who was chief commercial officer (CCO) of PepsiCo, and chief executive officer (CEO) of Reckitt. He joined Starbucks under the title "interim CEO" in October 2022, and following the transition will succeed interim CEO Howard Schultz on April 1, 2023.[2][3]

Early life

Narasimhan was raised in Pune, India.[1] He earned a degree in mechanical engineering from the College of Engineering, Pune, an MA in German and 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.[4][5]

Career

Narasimhan worked for McKinsey for 19 years until 2012, rising to director and location manager for their New Delhi office.[4] In 2012, he joined PepsiCo, rising to chief commercial officer.[4]

Narasimhan succeeded Rakesh Kapoor as CEO of Reckitt Benckiser in September 2019,[5][6] 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".[7] However, in September 2022 the company unexpectedly announced his resignation, citing "personal and family reasons".[8]

On September 1, 2022, Starbucks announced that Narasimhan will become the company's next CEO.[2] He will succeed Howard Schultz, who has served as interim CEO since Kevin Johnson resigned in March 2022.[3]

Personal life

Narasimhan is married, with two children, and lives in Greenwich, Connecticut.[9] He speaks six languages.[5]

See also

References

  1. ^ a b "Reckitt boss Laxman Narasimhan: Growing up in India, you learn resilience". The Times. 1 May 2022. Retrieved 9 May 2022. Cite error: The named reference "times1" was defined multiple times with different content (see the help page).
  2. ^ a b "Starbucks Names Laxman Narasimhan as Next Chief Executive Officer". Starbucks Stories. Starbucks Corporation. 1 September 2022. Retrieved 3 September 2022. Starbucks [...] today announced that Laxman Narasimhan will become the company's next chief executive officer and a member of the Starbucks Board of Directors.
  3. ^ a b Sorkin, Andrew Ross; Merced, Michael J. de la (2022-09-01). "Starbucks names a new chief executive". The New York Times. ISSN 0362-4331. Retrieved 2022-09-01.
  4. ^ a b c "Laxman Narasimhan". World Economic Forum. Retrieved 14 June 2019.
  5. ^ a b c O'Dwyer, Michael (12 June 2019). "Reckitt poaches Pepsi executive as new boss". Retrieved 14 June 2019 – via www.telegraph.co.uk.
  6. ^ "The Board – RB". www.rb.com. Retrieved 2019-09-18.
  7. ^ Evans, Judith; Wembridge, Mark (1 September 2022). "Reckitt Benckiser chief Laxman Narasimhan to step down". Financial Times. London. Retrieved 3 September 2022.
  8. ^ "Laxman Narasimhan steps down as CEO". Reckitt. Reckitt Benckiser Group PLC. 1 September 2022. Retrieved 3 September 2022. Reckitt Benckiser Group plc ("Reckitt") today announces that its CEO, Laxman Narasimhan will step down as Chief Executive Officer on September 30, 2022. Laxman has decided for personal and family reasons to relocate back to the United States and has been approached for an opportunity that enables him to live there.
  9. ^ "Laxman Narasimhan". outstanding50award. Retrieved 23 September 2019.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Laxman_Narasimhan&oldid=1123078268"