US Markets | Aug 13, 2024
Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol
Starbucks made a significant leadership change by announcing that Chipotle CEO Brian Niccol would replace Laxman Narasimhan as CEO, in an effort to address ongoing challenges and reverse a sales slump. This decision, effective immediately, comes after Narasimhan’s brief tenure, during which Starbucks struggled with declining sales in its key markets, particularly the U.S. and… Continue reading Starbucks replaces CEO Laxman Narasimhan with Chipotle CEO Brian Niccol