Laxman Narasimhan: The Global CEO Brewing a New Future for Starbucks

Laxman Narasimhan is the Indian-born CEO of Starbucks, the world-renowned coffeehouse chain. With a track record of leading global consumer brands, he brings a unique blend of strategic thinking, innovation, and operational excellence to the helm. From humble beginnings in India to leading one of the most iconic brands in the world, his journey is both impressive and inspiring.

Full Name:

Laxman Narasimhan

Date of Birth:

May 15, 1967

From:

Pune, Maharashtra, India

Education:

• Bachelor’s Degree: Mechanical Engineering from College of Engineering, Pune (COEP)

• Master’s Degree: MA in International Studies from The Lauder Institute at the University of Pennsylvania

• MBA: The Wharton School, University of Pennsylvania

Family Background:

Laxman Narasimhan was born into a modest and academically inclined family in Pune, India. His upbringing emphasized hard work, discipline, and education. He is married and has two children.

Companies Worked For:

• McKinsey & Company – Worked for nearly 20 years, became Director

• PepsiCo – Chief Commercial Officer

• Reckitt Benckiser (RB) – CEO from 2019 to 2022

• Starbucks – Joined in 2022, became CEO in 2023

Current Role:

• CEO of Starbucks: Since March 2023, succeeding Howard Schultz

Revenue of Starbucks:

• 2023 Revenue: Over $36 billion USD globally
  Starbucks continues to be one of the most recognized and valuable consumer brands worldwide.

Leadership Style & Achievements:

Laxman Narasimhan is known for his hands-on, empathetic leadership style, often engaging directly with frontline employees.

Notable Highlights:

• Revamped operational strategies at Reckitt Benckiser, focusing on health and hygiene

• At Starbucks, he underwent barista training to better understand frontline operations

• Focused on sustainability, digital transformation, and global expansion

• Emphasizes inclusive leadership and cultural understanding

Net Worth:

As of 2024, Laxman Narasimhan’s estimated net worth is over $25 million USD, driven by executive compensation and stock holdings.