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Real Name: | Laxman Narasimhan |
Profession: | Indian-American business executive |
Birthplace: | Pune, India |
CEO: | Starbucks |
Age: | 55 |
Laxman Narasimhan (born 15 April 1967) is an Indian-American business executive, who was the chief executive (CEO) of Reckitt Benckiser and previously the chief commercial officer at PepsiCo. He is expected to become the next Starbucks chief executive in October 2022, succeeding Howard Schultz.
Laxman Narasimhan Biography
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Born | 15 April 1967
Pune, India
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Nationality | American |
Education | College of Engineering Pune University of Pennsylvania |
Title | CEO-designate, Starbucks |
Predecessor | Howard Schultz (as interim CEO) Kevin Johnson (as CEO) |
Children | 2 |
Early life
Narasimhan was raised in Pune, India. He earned a degree in mechanical engineering from the College of Engineering Pune, Pune, India, an MA in German and International Studies from The Lauder Institute at the University of Pennsylvania, and an MBA in Finance from the Wharton School at the University of Pennsylvania.
Career
Narasimhan worked for McKinsey for 19 years until 2012, rising to director and location manager for their New Delhi office. In 2012, he joined PepsiCo, rising to chief commercial officer.
He succeeded Rakesh Kapoor as CEO of Reckitt Benckiser in September 2019.
On September 1, 2022, Starbucks announced Narasimhan will become its next CEO. Narasimhan will succeed Howard Schultz, who has served as interim CEO since Kevin Johnson resigned in March 2022.
Personal life
Narasimhan is married, with two children, and lives in Greenwich, Connecticut. He speaks six languages.
Narasimhan has also served as a senior partner at the consulting firm McKinsey & Company where he focused on its consumer, retail and technology practices in the U.S, Asia and India.