Starbucks Corporation, headquartered in Seattle, Washington, is the world’s biggest coffee shop business. The company is a multinational corporation headquartered in the United States that operates a network of coffee shops and roasteries. Furthermore, Starbucks is frequently recognized as the organization responsible for the second wave of coffee culture. This is because Starbucks was the first company to provide a greater variety of coffee experiences. As per the most recent update, the company has named Laxman Narasimhan, an Indian-origin professional, as its new Chief Executive Officer. Howard Schultz is now acting as the company’s interim CEO.

Narasimhan will gradually assume control of Starbucks; he will begin working there in October as the “incoming C.E.O.,” but he won’t assume full leadership until April. Narasimhan will visit shops throughout the world and maybe even work behind the counter at some of them during that transition, according to Schultz, to get “immersed” in the Starbucks culture. Read More..

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