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02 Sep 2022

Starbucks next CEO Laxman Narasimhan will take THIS big amount as his salary

Starbucks corps named Laxman Narasimhan as next Chief Executive Officer (CEO). Laxman Narasimhan will draw $1.3 million as his annual base salary. Narasimhan has joined the growing long list of Indian origin CEOs who are helming the global giants.

02 Sep 2022

Indian-origin Laxman Narasimhan named new Starbucks CEO; Read details

Starbucks named Laxman Narasimhan as next CEO, joining Howard Schultz, the interim CEO, from October 1, 2022. Narasimhan, 55 was previously the CEO of UK-based Reckitt Benckiser, a multinational consumer health, hygiene and nutrition company. Narasimhan joins a growing list of Indian-origin CEOs at the helm of US-based global giants, including Microsoft CEO Satya Nadella, etc.

07 Sep 2019

Former Starbucks CEO Howard Schultz abandons US presidency run

Former Starbucks Corp chief executive Howard Schultz has abandoned plans for an independent presidential run, saying he did not want to split the electorate and help re-elect US President Donald Trump in 2020, according to a statement on his website.

30 Jan 2017

Starbucks hits back at Trump's order, to hire 10,000 refugees

Global coffee giant Starbucks has said it will hire 10,000 refugees over next five years as it vowed to not "stand silent" in the face of US President Donald Trump's order to ban people from seven Muslim-majority nations and assured it will continue to nurture the human spirit.

14 Jan 2016

Tata-Starbucks to serve 'Teavana' in India shortly

The world's largest coffee chain Starbucks sees a "major business opportunity" in the country and will bring its international speciality tea brand Teavana to India this year.

Business News 2015

26 Dec 2015

Top 10 Business Leaders of 2015

MasterCard's Ajay Banga has been named among the top 10 global business leaders by Fortune magazine, a list that is topped by Nike's Mike Parker.

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