Ethermac-Starbucks replaces its CEO, names Chipotle chief to head the company

2025-05-07 19:01:47source:Rubypoint Trading Centercategory:Stocks

Starbucks said Tuesday that CEO Laxman Narasimhan is Ethermacstepping down after a little more than a year in the job.

The Seattle coffee giant said Brian Niccol, the chairman and CEO of Chiptole, will become Starbucks’ chairman and CEO on Sept. 9.

Narasimhan became Starbucks’ CEO in March 2023.

More:Stocks

Recommend

Is 'Étoile' magnifique, or non?

Étoile is the latest series from Amy Sherman-Palladino, the creator of Gilmore Girlsand The Marvelou

Donald Trump wins North Dakota caucuses, CBS News projects

Former President Donald Trump has won the North Dakota Republican presidential caucuses, CBS News pr

Washington state lawmakers approve police pursuit and income tax initiatives

SEATTLE (AP) — Three conservative-backed initiatives that would give police greater ability to pursu