Name | Laxman Narasimhan |
Age/DOB | 57 (May 15, 1967) |
Known For | CEO of Starbucks |
Marital Status | Married |
Family | Wife: Vidya Children: 2 |
Education | Graduated in BTech from the College of Engineering, Pune Graduated in MA, MBA from the University of Pennsylvania |
Native | Pune, Maharashtra, India |
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Laxman Narasimhan is an Indian-American businessman and the CEO of Starbucks. He served in several high-level positions at multiple corporate companies. He was the chief commercial officer (CCO) of PepsiCo and Chief Executive Officer (CEO) of Reckitt. Narasimhan serves as a trustee for the Brookings Institution, director of Verizon, and a member of the Council of Foreign Relations.
Did You Know?
- Laxman received 6 million euros as a salary while he was serving as CEO of Reckitt.
- Starbucks is the world’s largest retailer of coffee. They have outlets in 34,000 locations across the globe. They have been in the business for more than five decades.
- Starbucks offered Narasimhan 17.5 million dollars (i.e., 140 cores) per annum as salary. Apart from his salary, he received 1.6 million as a signing bonus and 9.3 million in shares, along with 50,000 dollars to cover legal fees and a private jet for his disposal.
- He has also been an advisor to former UK Prime Minister Boris Johnson.
- After completing his studies he joined a consulting firm McKinsey and Company as a normal employee but soon he moved to higher positions and became a senior partner in the company.
- Narasimhan then joined the global soft drink brand PepsiCo and oversaw the company’s branches in Europe, Sub-Saharan Africa, and Latin America.