FILE PHOTO: The Starbucks sign is seen outside one of its stores in New York. REUTERS/Chip East/File Photo
STARBUCKS Corp tapped Laxman Narasimhan, the chief executive officer of Reckitt Benckiser Group Plc, as its next CEO, choosing a consumer-industry veteran to build on the new path charted in the interim tenure of Howard Schultz.
Narasimhan, 55, will join the coffee giant Oct 1 while longtime leader Schultz, 69, stays at the helm. The new chief will take over fully April 1 and will join the board, on which Schultz also intends to serve.
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