Former Reckitt boss Laxman Narasimhan has succeeded Starbucks founder Howard Schultz as chief executive at the helm of the coffee giant.
The fast moving consumer goods specialist’s shock resignation from the Hull founded firm he had a “deeply personal allegiance with” was announced last September, with the lure of a move back to the US underlined as a key reason. He joined the world-renowned Seattle business in October, with the handover now complete.
The intervening five months have seen him embark on a unique “immersion experience”, travelling to work with teams in more than 30 stores, manufacturing plants and in support centres around the world. He even earned his barista certification along the way. Reinvention plans kickstarted by Mr Schultz have also featured strongly.
