Starbucks New CEO Laxman Narasimhan Takes His Seat

Incoming CEO Laxman Narasimhan speaks during Starbucks Investor Day 2022 in Seattle on Sept. 13, 2022. Stephen Brashear/AP Photo

Starbucks officially has a new CEO.

The Seattle coffee giant said Monday that Laxman Narasimhan has assumed the role of CEO and joined the company’s board of directors.