Not working past 6 pm cost Starbucks CEO Narasimhan his job? Internet speculates
9 Articles
9 Articles
Not working past 6 pm cost Starbucks CEO Narasimhan his job? Internet speculates
The internet is rife with speculations that Starbucks' Indian-origin CEO Laxman Narasimhan was fired after he claimed that in order to maintain work-life balance, he never worked past 6 pm. Narasimhan was sacked by the coffee giant on Tuesday (Aug 13) and immediately replaced by Brian Niccol, chief executive at Chipotle. Soon after the ouster, Narasimhan's interview with Fortune magazine last month, where he made the claim, went viral on social
Why Starbucks Fired Laxman Narasimhan A Year After His Appointment As CEO
Starbucks said Tuesday that Brian Niccol, chief executive at Chipotle, would be the coffee chain's new CEO -- just over a year after current boss Laxman Narasimhan took over the role. Narasimhan steps down as chief executive and as a member of the Starbucks board "with immediate effect," said the company in a statement. Starbucks shares were around 21 percent higher in early afternoon trading, while Chipotle Mexican Grill shares fell by about ei…
Starbucks, the coffee chain that reported a decline in revenue for the last two quarters, has resigned from its CEO Laxman Narasimhan. Who will be the new CEO of Starbucks? Here are the details...
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