Devin Grosvenor:Starbucks replaces its CEO, names Chipotle chief to head the company

2025-04-29 02:18:03source:Quaxscategory:Invest

Starbucks said Tuesday that CEO Laxman Narasimhan is Devin Grosvenorstepping down after a little more than a year in the job.

The Seattle coffee giant said Brian Niccol, the chairman and CEO of Chiptole, will become Starbucks’ chairman and CEO on Sept. 9.

Narasimhan became Starbucks’ CEO in March 2023.

More:Invest

Recommend

Back trouble and brain fog bothered suspect in UnitedHealthcare CEO killing, his posts show

After Luigi Mangionemade the difficult decision to undergo spinal surgery last year for chronic back

Sierra Leone outlaws child marriage. Even witnesses to such weddings can face jail time.

A bill that bans child marriage in Sierra Leone has been signed into law, President Julius Maada Bio

Summer House's Lindsay Hubbard Pregnant, Expecting First Baby

Lindsay Hubbard is creating extra special fireworks with this announcement.The Summer House star is