Starbucks has named a longtime PepsiCo executive as its new CEO.
The coffee giant said Thursday that Laxman Narasimhan will join Starbucks on Oct. 1 after relocating from London to Seattle, where Starbucks is based.
Starbucks Names Former PepsiCo Executive as New CEO
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A Starbucks sign hangs outside a Starbucks coffee shop in downtown Pittsburgh on June 26, 2019. Gene J. Puskar/AP Photo
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