Trending: Starbucks Names Laxman Narasimhan New Chief Executive
September 02 2022 - 10:12AM
Dow Jones News
10:42 ET -- Starbucks Corp. is one of the most talked about
companies in the U.S. across all news items in the last 12 hours,
according to Factiva data. Starbucks said Thursday that it named
Laxman Narasimhan as its new chief executive officer, months after
former head Howard Schultz temporarily took over to help the
company navigate through rising costs, challenges in its China
market and a unionization push. Mr. Narasimhan said he would step
down from Reckitt Benckiser Group PLC on Sept. 30. Starbucks shares
were down 0.2% at$85.26 at 10:42 a.m. ET. Dow Jones & Co. owns
Factiva. (chris.wack@wsj.com)
(END) Dow Jones Newswires
September 02, 2022 10:57 ET (14:57 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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