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.
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After Luigi Mangionemade the difficult decision to undergo spinal surgery last year for chronic back
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Lindsay Hubbard is creating extra special fireworks with this announcement.The Summer House star is