Narsimhan, 55, who was the CEO of Reckitt Benkiser will now relocxate from London to Seattle to join Starbucks as their coming CEO in October. Narsimhan was raised in Pune, India, and got a degree in Mechanical Engineering from the College of Engineering , Pune, MA in German and International studies from The Lauder institute at the University of Pennsylvania and an MBA from The Wharton School. He also worked as consulting firm in McKinsey for almost 2 decades before he joined PepsiCo in 2012 and became Chief commercial officer there. Laxman Narsimhan has become the latest executive of Indian origin to helm a large global multinational company, after Parag Agarawal at Twitter, Sunder Pichai at Google, Satya Nadella at Microsoft.
Starbucks, as an international purveyor of coffee and food is growing rapidly in not just India but also other markets and in a long term will more likely to see most of its revenue come from outside of USA. Starbucks has set around 280 stores in India across 30 cities in the past decade since it launched in partnership with TATA Group. The company said that it aims to open more than 20,000 cafes globally by the end the decade and is likely to see lot of expansion in the countries across the world.
