Laxman Narasimhan

Jim Cramer shared his thoughts on the recent Starbucks Corp. (NASDAQ:SBUX) CEO change and its implications for traditional investing strategies. What Happened: Cramer the host of CNBC’s “Mad Money,” discussed the recent shift in the Starbucks leadership. He noted that the change...

Starbucks Corp.’s (NASDAQ:SBUX) new CEO, Brian Niccol, will receive over a $113 million compensation package. This is in addition to the privilege of working remotely. What Happened: Niccol’s total compensation package includes a $10 million sign-on bonus, a $75 million equity grant,...

Shares of Starbucks Corp. (NASDAQ:SBUX) and Chipotle Mexican Grill, Inc. (NYSE:CMG) experienced a minor dip in pre-market trading following a change in leadership at Starbucks. What Happened: As per Benzinga Pro, Starbucks’ shares were trading 0.99% lower during the pre-market session on...

Starbucks Corp. (NASDAQ:SBUX) has recently been in the news for its major management shake-up, with CEO Laxman Narasimhan being replaced by Brian Niccol, the CEO of Chipotle Mexican Grill (NYSE:CMG). The new leadership is expected to play a pivotal role in Starbucks’ turnaround, according to...

Editor’s Note: This article was updated to include Trian Fund Management’s recent stake in Starbucks and subsequent sale, as reported by CNBC. As many Americans do, Brian Niccol decided to switch jobs. The former CEO of Chipotle Mexican Grill (NYSE:CMG) took a new role, replacing Laxman...

Consumer habits, return-to-office and an activist stake are likely to be key topics for investors when coffee retailer Starbucks Corporation (NASDAQ:SBUX) reports third-quarter financial results Tuesday after market close. Earnings Estimates: Analysts expect Starbucks to report third-quarter...

Former TD Ameritrade CEO, Joe Moglia, has criticized Starbucks Corporation (NASDAQ:SBUX) CEO, Laxman Narasimhan, for his handling of the company’s falling stock performance. What Happened: On Monday, Moglia expressed his views during “Last Call” by CNBC. He highlighted a recent...

The CEO of Starbucks Corporation (NASDAQ:SBUX), Laxman Narasimhan, recently unveiled a surprising success story amid the company’s lackluster second-quarter performance. What Happened: Despite a quarter marked by economic challenges, Starbucks found a bright spot in the unexpected popularity...

Starbucks Corporation‘s (NASDAQ:SBUX) new CEO Laxman Narasimhan revealed the company’s updated strategic plan, called the “Triple-Shot Reinvention Strategy,” at a recent investor event in New York. According to Barron’s report, this is the first...

Starbucks Corporation (NYSE:SBUX) is actively pursuing strategies to maintain the momentum it has gained since its reopening after the COVID-19 pandemic. What Happened: In a move to drive sales beyond its traditional outlets, Starbucks has partnered with CloudKitchens, a venture led...

Nvidia Corp.'s (NASDAQ:NVDA) CEO Jensen Huang is rumored to be visiting China on Tuesday for the first time in four years. Incidentally, a slew of corporate head honchos have been heading to the country. What Happened: China has held out a lot of promise for U.S. companies, given its status as a...

Although Starbucks Corporation's (NASDAQ: SBUX) new CEO Laxman Narasimhan recently laid out his plans while at the company, which includes working in Starbucks stores as a barista once a month, union organizers aren't on board.  Last week, Narasimhan...

Unionized workers of Starbucks Corporation (NASDAQ: SBUX) are welcoming their new CEO Laxman Narasimhan with a 100-cafe strike. What Happened: The unionized workers are demanding that the coffee chain stop its anti-union activities, reported Bloomberg. The stoppage of work will reportedly affect 40...

Starbucks Corporation (NASDAQ: SBUX) said Monday that Laxman Narasimhan had assumed the role of CEO and will be joining its board of directors. What Happened: Narasimhan, 55, was named the incoming CEO on Sept. 1, 2022. He has spent the last two months learning about Starbucks including earning his...

Starbucks Corporation (NASDAQ: SBUX) was reportedly sued by eight unionized employees of a South Carolina store who complained that the coffee chain threw false accusations against them. What Happened: The coffee chain’s employees filed the lawsuit in a South Carolina...