Coffee giant Starbucks has named Laxman Narasimhan as its new Chief Executive Officer. The 55 year old will join the long list of Indian-origin leaders of major corporations such as Alphabet’s Sundar Pichai, Microsoft's Satya Nadella and IBM's Arvind Krishna.
Succeeding Howard Schultz, he will join Starbucks on Oct. 1, 2022. Narasimhan will work closely with interim CEO Schultz during the transition period until he takes over the role on April 1, 2013.