Laxman Narasimhan
Starbucks to establish Environmental, Partner and Community Impact (EPCI) Board Committee
Starbucks Coffee Company has announced its Board of Directors intends to establish a new Environmental, Partner and Community Impact (EPCI) Board Committee,
Nestlé and Starbucks celebrate five years of their Global Coffee Alliance
The alliance combines the strength and affinity of the Starbucks brand and the company’s coffee expertise with Nestlé’s proprietary coffee platforms, manufacturing know-how and market reach.
Starbucks builds on its US military community support
Starbucks Corporation is strengthening its support for the US military community, including partners (employees) and their families through expanded career development, mental health, and hiring initiatives.
Starbucks Q3 2023 net revenues rise 12% to USD $12 billion
Starbucks’ Q3 consolidated net revenues grew 12% to USD $9.2 billion with Q3 international comparable-store sales rising 24% thanks to a 46% surge in comp-store sales in China.
Starbucks to open sustainability learning and innovation lab in Costa Rica
The lab will offer hands-on and virtual learning for Starbucks partners, students, researchers and industry leaders to innovate and scale solutions for some of the world’s most challenging social and environmental issues.
Laxman Narasimhan assumes role of Starbucks CEO
Laxman Narasimhan was named incoming CEO on 1 September 2022, succeeding company founder and now former CEO, Howard Schultz.
Starbucks appoints Laxman Narasimhan its next CEO
Laxman Narasimhan tapped to be Starbucks new CEO with Howard Schultz continuing as interim CEO until 1 April 2023.